New Margin Rules

[EpiphanyTrading]

It is news to me, as of yesterday, that for accounts with over 5 million dollars in capital the margin given to an account is 10-1.

If that is the case, it changes the entire hybrid prop model.

 

[zdreg]

where did you find the information with the 5M number?

 

[EpiphanyTrading]

I am in the process of investigating it now. I will get back to you on that.

Brendan P. Byrne

 

[yip1997]

Quote from EpiphanyTrading:

It is news to me, as of yesterday, that for accounts with over 5 million dollars in capital the margin given to an account is 10-1.

If that is the case, it changes the entire hybrid prop model.

I think it is 6x margin, not 10x.

 

[EpiphanyTrading]

Ok, I only heard it in conversation yesterday. However, I just spoke to my partner and he confirmed 10-1. He is not certain where to find the documentation.

 

[yip1997]

Look at the following thread. There are a lot of info regarding the new margin rule.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=78820