InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,576.98
(
0.07%
)
US TECH 100
19,930.80
(
0.19%
)
Dow Jones
39,291.97
(
-0.13%
)
Brent Oil
84.25
(
-0.53%
)
Bitcoin
57,720.94
(
-0.51%
)
Post# of 28328
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

petermic

Send PM Follow Ignore
Followers 59
Posts 2025
Boards Moderated 1
Alias Born 05/07/2003

petermic

Re: Risicare post# 7030

Wednesday, 11/04/2009 3:09:56 PM

Wednesday, November 04, 2009 3:09:56 PM

Post# of 28328
Actually that's a Fed requirement. The Federal Reserve Board regulates margin via Reg T which requires a minimum of $2.50 per share.

It's a more sensible percentage of value in Canada which is one reason shortsellers sometimes prefer a Canadian broker.
Public Reply Private Reply New Post
Keep Last Read
Replies (1) Keep Last Read Next 10 Report Keyboard Shortcuts
Replies (1) Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up