Margin Money?

Discussion in 'Beginners Guide' started by tintin8801, Dec 9, 2006.

  1. tintin8801

    tintin8801 Member

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    what is margin money? how is it calculated? what is its purpose? how is it used? i read in a thread that some broker sold some shares of a client without informing since margin money was low, what does that mean?
    pls clarify

    thanks
     
  2. srimariselvam

    srimariselvam Member

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    margin money is a minimum amount in your bank/brokers account for trading stocks. itis fixed by brokers. if your account digits are not suffecient for trading, the brokers sold your holding and maintain the amount. because they show all the clients accounts are clean chit the pariticular day.
    ok. thanking you.
     
  3. tintin8801

    tintin8801 Member

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    can somebody please clarify, and what are the min amounts fr each broker?
     
  4. tulasirama6

    tulasirama6 New Member

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    ok thank u
     

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