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jxyzobrien

06/23/20 11:10 AM

#14201 RE: shansen1785 #14182

generally if no attempt to satisfy
the call the stock is placed in the account and sold at the open

let everyone know what happened

tos right now is saying no extension on marginal calls so they
sell as soon as they can.

farooq

06/23/20 6:23 PM

#14216 RE: shansen1785 #14182

You must meet house call and than can sell Stock immediately to cover Fed call after few days you could withdraw your cash deposit.
Otherwise Brokerage could put restriction on your account. If you did not have enough money in the account they should have closed the call, IB does that.