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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts -- Ignore unavailable to you. Want to Upgrade?


To: Augustus Gloop who wrote (25889)4/3/2000 4:20:00 PM
From: Don Pueblo  Read Replies (2) | Respond to of 63513
 
As I understand it, the broker has the right to sell a position out without waiting for the client for three days to cover a margin call.

I'm not sure exactly how that works...if I get a margin call do I have 3 days to meet it? Or can the broker sell some stock tomorrow morning at 9:30 a.m.?