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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: coug who wrote (2848)8/31/1998 1:40:00 PM
From: Patrick Slevin  Respond to of 44573
 
<Do you have any idea what % of people or their stock held is on margin these days..>

Not any more, I used to follow it until the market took off in June.

I don't even know if what I heard is true.

Anyway, one would have 3 trading days to make up the margin either by selling stock or depositing stock or cash.

Used to be 5 days. That changed to T3 about a year or so back when settlement was moved to T(rade) date Plus 3. Perhaps it was 2 years, 3, I don't recall exactly.

Still flat.