Meet Gene, a NASDAQ Market Maker Message Board

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Non-Tech : Meet Gene, a NASDAQ Market Maker

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To: gene_the_mm who wrote (633)	8/19/2000 11:13:41 PM
From: Dominick	Read Replies (1) of 1426

A question regarding margin accounts. I have a hang-up about this and I would like your opinion. I believe margin is needed. But, If I have ample funds in my account to cover my trades and I short a stock, I don't feel I should be forced to do it via a margin account. The firm deposits interest and deducts fees and commissions in a cash account so why not deduct any costs the firm may encounter borrowing the shares in it also? It's just a matter of accounting. What say ye? Dominick

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