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Section 5112 describes the calculations for determining margin requirements for long and short positions in Dealer Member inventory. It applies to Rules 5200 through 5900.
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Dealer Member long inventory margin
A Dealer Member must provide margin for its long inventory positions in the amount calculated according to the formula:
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applicable margin rate x market value of security, or
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by any alternative method specified in the IIROC requirements.
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Dealer Member short inventory margin
A Dealer Member must provide margin for its short inventory positions in the amount calculated according to the formula:
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applicable margin rate x market value of security (expressed as absolute value), or
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by any alternative method specified in the IIROC requirements.
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There is no history log for this rule.