SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Semi Equipment Analysis
SOXX 306.28-1.0%Dec 4 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Sarmad Y. Hermiz who wrote (11804)9/25/2003 11:14:51 AM
From: Gottfried  Read Replies (2) of 95525
 
Sarmad, margin debt at NYSE member firms in August was a little over half of what it was at the peak in March 2000.

FROM THE ARCHIVES: September 16, 2003


Margin Debt Rose To $149.7B At NYSE-Member Firms In August

By GASTON F. CERON, DOW JONES NEWSWIRES; 201-938-5234; GASTON.CERON@DOWJONES.COM

NEW YORK -- Margin debt , which is accumulated by investors who borrow funds from their brokers to buy stocks, rose slightly last month.

According to New York Stock Exchange data, debit balances in margin accounts of customers of NYSE-member securities firms climbed to $149.66 billion in August from $148.45 billion in July, an 0.8% advance.

Margin debt peaked in March 2000 at $278.53 billion.
Updated September 16, 2003 1:07 p.m.


online.wsj.com

I salute you for questioning the chart we were shown. It discredits the site it was on. I just searched WSJ for "margin debt". Maybe the chart is for another exchange.

Gottfried
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext