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Non-Tech : MB TRADING

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To: Dave Triplett who wrote (3704)2/6/1999 9:58:00 PM
From: Dan Swartzendruber   of 7382
 


Is there a default setting on the order entry to set for cash only or does it always default to margin?, or once I set it to cash will it stay there or default back to margin as I switch between buying and selling stocks?.


Depends on the execution system. Some of the online brokers I have seen require you to specify where you are buying from (ex: waterhouse, you have a pullup menu that lists "cash" and "margin" as accounts to buy from...
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