my account gross margin is -4778

#1
any one hel me....i got actual balance of 5000 now it is in minus...every time i log in the msg is coming that your account is not in adequate cover,please transfer funds by 9.30am or call cusotmer care or realtionshipmanager or brach market starts,else stocks may be sold by 10.30am

when i ask my broker he is saying that it is common for square up clients...he is saying that we have to wait for auction rate...

my margin is showing that
ledger bbalance -19978.0
undelivered value-16901
adjusted ledger balance- -5373.00
adjusted holdings beging of the day-595
gross margin- -4778.00
available margin for trading- -4778.00
how can i get recover from this...
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lazytrader

Well-Known Member
#3
any one hel me....i got actual balance of 5000 now it is in minus...every time i log in the msg is coming that your account is not in adequate cover,please transfer funds by 9.30am or call cusotmer care or realtionshipmanager or brach market starts,else stocks may be sold by 10.30am

when i ask my broker he is saying that it is common for square up clients...he is saying that we have to wait for auction rate...

my margin is showing that
ledger bbalance -19978.0
undelivered value-16901
adjusted ledger balance- -5373.00
adjusted holdings beging of the day-595
gross margin- -4778.00
available margin for trading- -4778.00
how can i get recover from this...
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Ask your RM to fix it immediately or close your account. Can't afford to mess around with such brokers.