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.
Strategies & Market Trends : Options
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jill who wrote (590)1/3/2000 6:28:00 PM
From: Wyätt Gwyön  Read Replies (1) of 8096
 
One of the things I didn't like about Fido was the inconsistency of their margin requirements. When I first bought QCOM in April, the requirement was 30%. Then later 35%. Later, I learned they had upped their requirement to 60%--further increasing to 80% if you have a "concentrated position" (as I have had in QCOM). Maybe now the requirement there is only 50% or 35%, but if past is prologue, they will again shift the requirement as suits their fancy, and they can impose the nebulous turbo-charged 80% concentrated-position requirement if they feel like it. It is very arbitrary. How can you make strategic and planned use of margin if they are always changing the ground rules? Before I left, they offered to "modify" the requirements for my "special case" (which I consider to really mean their special case of losing my commissions). I did not buy it, because I figured they could later increase the requirement on me if it suited their fancy.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News