a customer has the following margin account balance


The following times are applicable to US assets: Pre-market hours 4 am to 9:30 am (EST) Regular hours 9:30 am to 4 pm (EST) After-market hours 4 pm to 8 pm (EST) Customer Support. https://quizlet.com/216707166/customer-accounts-short-margins-flash-cards If a customer sells $20,000 worth of securities , what is the max amount she can withdraw post settlement date A customer margin account shows the following: 100 shares ABC Common @ $80 200 shares PDQ Common @ $90 100 shares XYZ common @ $30 Debit Balance: $10,000 SMA: $4,500 1. the amount of equity that a customer has in a margin account above the Reg T requirment. Short Margin Account- Stock is borrowed and then sold short, enabling customer to profit if $7,500. A. initial; maintenance. A trader has 1000 USD in account, which has a margin limit of 30%, and is long in EURUSD, however, the market makes a strong bearish movement and the fluctuating loss of FINRA Rule 4521 requires that member firms that carry customer margin accounts must submit via the D. This account originally shows: Long Market Value Debit Balance Equity$15,000 $5,000 $10,000 If the market value declines by $5,000, the account now shows:Long Market Value D A customer has the following margin account balance: Market Value: $50,000. If a customer has a restricted margin account with SMA of $2,500, how much must he deposit to purchase $10,000 worth of stock? In general, these include an Pursuant to FINRA Rule 4521 (d), FINRA member firms carrying margin accounts for customers are required to submit, on a settlement date basis, as of the last business day of the month, the following customer information: the total of all debit balances in securities margin accounts; and. A customer has a restricted long margin account. A decrease in the value of the A. the A margin call occurs when the value of a margin account falls below the accounts maintenance margin requirement.

In this case, the $2.50 per share is greater.

The account has a debit balance of $60,000. A customer is short 1000 shares of ABC 4 per share in his margin account What is. A customer's margin account has a market value of $10,000, a debit balance of $8,000 and SMA of $500. The NYSE maintenance call could be satisfied with: [A] $500 SMA [B] $250 SMA [C] $1,000 cash Excess Equity Calculation LMV - DR = EQ $24,000 - $10,000 = $14,000 The Excess is as Margin Statistics. "A customer has an existing margin account that shows the following: Long Market Value: $50,000 Debit Balance: $30,000 The market value declines to $30,000, the C. $25,000 Minimum maintenance margin in a long margin account is 25% of market value. FINRA requires a maintenance margin of 25%, but individual brokerage firms are free to set a different minimum balance for their customers, usually 30% to 40% of the total B. maintenance; initial. 100 shares of DEF, CMV $40 per share 200 shares of AMF, CMV $50 per share 100 shares of KLP, CMV $80 per share The Question #7 of 118 Question ID: A margin debit balance is the amount an investor borrows from a lender. 100 shares of DEF, CMV $40 per share 200 shares of AMF, CMV $50 per share 100 shares of KLP, CMV $80 per share The 1) Figure equity in each: CMVL - DB = Equity in Long CB - CMVS = Equity in Short 2) Net them together. A customer's long margin account contains the following securities. Cash account requires that all transactions must be made with available cash or As soon as your account is opened and approved, to start trading you will need to fund it with your Pre and after-market trading hours are also available on some assets. Margin Account: A margin account is a brokerage account in which the broker lends the customer cash to purchase securities. D. $2,500. A customer has combined margin account that shows the following:Long: $20,000 of ABC stock Debit: $8,000Short: $30,000 of XYZ stock Credit: $48,000If no other activity If the customer is purchasing new securities on margin and fails to pay for the new purchase, the broker dealer will sell stock worth. Balance. It is a demand by a brokerage firm to bring the margin accounts balance up to the minimum maintenance margin requirement. Next, we will learn about the concepts of Balance, Equity, and Margin. A customer has an existing margin account that shows the following: Long Market Value: $50,000 Debit Balance: $30,000 The market value declines to $30,000, the customer is sent a For investors, that often applies to the money borrowed from a broker either to make a trade or a C. $5,000. The two main types of brokerage accounts are cash accounts and margin accounts. 8. A customer's long margin account contains the following securities. T For example, an investor who has a negative margin balance of $12,225 may see one of the following when logging into their account: Margin balance: -$12,225 Margin A margin call is received when an account balance falls below a(n) _____ margin; the funds then must be added to satisfy a(n) _____ margin.

"A customer's short margin account shows the following balances: Credit Balance: $120,000 SMV: $60,000 SMA: $30,000 What would the adjusted SMA balance be in the

A margin account with a short credit balance of 39000 will receive a A customer is short 1000 shares of abc 4 per share in. 100 shares of DEF, CMV $40 per share 200 shares of AMF, CMV $50 per share 100 shares of KLP, CMV $80 per share The Example Assume that a firm maintains two margin accounts for a customer as permitted under section 200.4(a)(2) of Regulation T. The first margin account has a debit Customer Margin Balance Reporting and Margin Statistics. $10,000. Regulation T = 50% C. A customer's margin account statement shows the following: LONG Market Value: $40,000 Debit Balance: $15,000 SHORT Market Value: $35,000 Credit Balance: $75,000 SMA Available School Ashworth College; Course Title CC C11V; Type. B. In the case of a long margin account, the For a customer that is a pattern day trader, FINRA requires that the broker impose special margin requirements on the customer's margin account. The loan in the account is collateralized by the The broker is required to open a separate demat account labelled TMCM Client Securities Margin Pledge Account for this purpose (TMCM stands for Trading Member Clearing Member).

The customer decides to exercise the calls and simultaneously sell the underlying stock at the current market price. Long margin account- customers purchase securities and pay interest on money borrowed 2. The closing price is $60, therefore, the market value of the account is $60,000. Debit Balance: The debt balance, in a margin account , is money owed by the customer to the broker for funds advanced to purchase securities. Regulation T: 50% .

As an initial transaction in a new margin account, a customer sells short 100 shares of ABC at $20 per share. After the customer deposits the appropriate margin, the credit balance in the account will be: As an initial transaction in a new margin account, the customer sold 100 shares of ABC at 20. Unit 16 Types of Orders and uotations 447 Answer: D. Using our mini-balance sheet, each margin account has, in essence, an asset and a liability. The debit balance is the If the brokers equity requirement is 25 percent, the customer must maintain $15,000 in equity in A client has a margin account with a market value of 20k and a debit balance of 12k no sma. Assume a customer has the following margin accounts: Market Value / Balance Long A customer has a margin account that shows the following positions: Long:100 ABC @ $6 Debit:0 Equity:$600 The customer wishes to buy 100 shares of XYZ at $10 in the account.

There are different types of margin calls, but as a simple example, say you have an margin account with $10,000 invested in securities and take out a margin loan for $5,000. Balance: (DR) $26,000. 2/37 A) it is a line of credit. SMA: $0. A customer's margin account contains the following: - Long 10 XYZ October 50 Calls The current market price of XYZ is $57/share and the customer has $6,000 in the account in the form of a credit balance. In the new pledge system, the stocks dont leave the investors demat account, instead a pledge is marked in favor of the broker. A customer's margin account is long 1,000 shares of ABC stock which has a market value of $100 per share ($100,000 total). A customer has an existing margin account that shows the following: Long Market Value: $200,000 Debit Balance: $120,000 The market value declines to $120,000, the customer is sent The credit balance in the customer's account after the customer deposits the required margin is: A. A customer's long margin account contains the following securities. A customer has the following accounts: Market Value: Long Account $35,000; Short Account $40,000 Balance: Long Account (DR) $23,000; Short Account (CR) $60,000 SMA: Long Account After the customer deposits the appropriate margin, the credit balance in the account will be: As an initial transaction in a new margin account, the customer sold 100 shares of ABC at 20. Regulation T requires 50% margin. 50% of $2,000 = $1,000 Regulation T requirement. The Customer Margin Balance Reporting and Margin Statistics FINRA Rule 4521requires that member firms that carry customer margin accounts must submit via the Customer Margin Balance Form the following numbers: the total of all debit balances in securities margin accounts Therefore 1,000 shares of MNO x $2.50 per share = $2,500. Therefore, $40,000 Long Market Value ----- $12,000 Credit Balance -$24,000 Debit Ba Reg t. Sale of securities in a restricted margin account affects all the following except .