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.
Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: jhg_in_kc who wrote (61405)8/27/1998 12:08:00 PM
From: JBird77777  Respond to of 176387
 
Off Topic Re Margin

jhg,

In general, additional securities can be purchased in a margin account, or cash can be withdrawn, until the margin debt outstanding rises to equal 50% of the value of the marginable securities in the account.

For example, if you have $10,000 of marginable securities in your account, no cash balance, and no margin balance, you can purchase up to an additional $10,000 worth of marginable securities. Alternatively, you could withdraw up to $5,000 cash.

If you have cash in an account and make a purchase of securities, this cash balance will automatically be used first for the purchase. If the amount of the purchase exceeds the cash in the account, then the excess amount will be the amount of the new margin debt.

I hope this is helpful.

JB