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Lenard

04/29/14 10:13 PM

#24803 RE: gr8lake #24737

Scottrade requirements to short trade

Short Sale Requirements

To sell a stock short, you must have a margin account with Scottrade. Margin accounts require you to meet certain account minimums and maintain a minimum level of equity.
For your order to be filled, the security must be priced at or above $5, and it must be marginable. Additionally, we must have the shares available for you to sell.