Login
Open An Account
Streaming Quotes
E-Mail
|
|
|
||
|
|
About Wyse |
|
|
|
||
Compare & SaveCommissionsIRAsMutual FundsLearning CenterDocument CenterDemo SiteFundingServicesF.A.Q.|
|
||
|
|
Research & News |
|
|
|
||
Market CommentStory StocksSector RatingsMarket CalendarUp/DowngradesSplit CalendarIPO Calendar|
|
||
|
|
Financial Services |
|
|
|
||
Insurance CenterLoan CenterTax Center NEW
Wyse Securities - Margin Requirements
| Initial | Maintenance | Called Back To | |
| Equaties | 50% | 35% | 40% |
Short Equities (over $5.00) |
$5.00 / share or 50% of market value, whichever is greater. |
$5.00 / share or 40% of market value, whichever is greater. |
$5.00 / share or 40% of market value, whichever is greater. |
Short Equities (under $5.00) whichever is greater |
$2.50 / share or 100% of market value. |
SAME |
SAME |
| OPTION TRANSACTIONS: | |||
|
Long Options purchased in a margin account are subject to 100% initial and maintenance requirements.
Short Options initial and maintenance requirements are 30% of the current market value of the underlying equity or index group plus 100% of the current market value of the short option. These requirements may be reduced by any "out-of-the money" amount, however, the requirement shall not be less then 15% of the current market value of the underlying issue plus 100% of the current market value of the option. Exercise/Assignment - 50% initial requirement, unless position is closed same day. | |||
| $2000.00 minimum equity for all margin transactions | |
| Equities must be priced over $2.00 and margin eligible | |
| Accounts falling below 25% equity require immediate action | |
| Market Conditions may increase the amount due and accelerate deadlines | |
| Other requirements may apply | |
| Requirements subject to change without notice |
|
|
||
|
|
|
|
|
|
||
|
|
||
|
|
|
|
|
|
||