Portfolio Margin Requirement for BAB

M

mikepham1983

Anyway knows of the portfolio margin requirement if i wanted to buy 100,000 dollars worth of BAB. There are no options for this etf.

Thanks
Mike
 
Quote from mikepham1983:

Anyway knows of the portfolio margin requirement if i wanted to buy 100,000 dollars worth of BAB. There are no options for this etf.

Thanks
Mike
More...

BAB is not listed in the OCC data base becasue their are no options. When a stock is not listed it often reverts to Reg-T margin, but your broker might require more. Probably 50% or $50,000 even in a PM account.

1245
 
The margin is 30% if you are concentrated in this ETF. It is 15% otherwise. This information is valid for Interactive Brokers portfolio margin account. Other brokers could have very different requirements.
 
It is a bit hard to explain in precise terms but roughly if you have just one or two stocks or ETF in your portfolio, it is concentrated. If you have let's say 6 or more about equally weighted stocks or ETF, the portfolio is not concentrated.
 
You must log in or register to reply here.
Back
Top