Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : The Final Frontier - Online Remote Trading -- Ignore unavailable to you. Want to Upgrade?

To: Dominick who wrote (3808)	4/21/1998 11:15:00 PM
From: LTBH	Read Replies (1) \| Respond to of 12617

NYSE Rule 431 requires a maintenance excess equity equal to initial Reg T requirement on the largest daytraded position held during the day. So Rule 431 is not requiring extra cash in the account or to say it another way, you buy less with the same amount of cash? This is where I'm getting hung up. Doesn't make sense to lose the margin leverage but sure seems like that is what Rule 431 says??? Sorry if I'm a slow learner, but any help clearing this up is appreciated. Networm