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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: jack102son10/29/2008 3:37:44 PM
  Read Replies (2) of 78417
 
wgw. could this have any effect?

INCREASE IN MARGIN REQUIREMENT FOR SMALL-CAP STOCKS

Over a 4 day period, commencing at the end of the trading day on 30 October 2008, margin requirements for stocks with low market capitalization (under $100 million USD) and/or limited market liquidity will increase from the default margin [maintenance margin @ 25%, short margin @ 30%]. The increases will go through in a series of steps, between trading sessions, as follows:

* Day 1 (2008.10.30): maintenance: 35%, short margin 50%
* Day 2 (2008.10.31): maintenance: 50%, short margin 50%
* Day 3 (2008.11.03): maintenance: 75%, short margin 75%
* Day 4 (2008.11.04): maintenance: 100%, short margin 100%

It appears you have one or more of the following stocks that may be affected by the margin change in your account
WGW@AMEX

Please examine your portfolio to determine if these increases will create any capital (margin) deficiency in your account. If it appears there may be a capital deficiency, we recommend adding capital, or reducing positions/risk to anticipate the change in margin requirements.

Interactive Brokers Risk Management
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