5310. Determining the basic margin requirement

Or jump to a Series:

    1. Where a security is eligible to be margined using the basic margin requirement approach, the minimum Dealer Member inventory margin and client account margin rates (or dollar amounts per share) are as follows:

      Market value per share

      Minimum margin required as a percentage of market value or as a dollar amount per share

      Long positions:

      Market value of $2.00 or more per share and qualifying for inclusion on the List of Securities Eligible for Reduced Margin published by IIROC

      25% for Dealer Member positions;

      30% for client account positions

      All other positions with a market value of $2.00 or more per share

      50%

      Market value of $1.75 per share to $1.99 per share

      60%

      Market value of $1.50 per share to $1.74 per share

      80%

      Market value of below $1.50 per share

      100%

      Short positions:

      Market value of $2.00 or more per share and qualifying for inclusion on the List of Securities Eligible for Reduced Margin published by IIROC

      25% for Dealer Member positions;

      30% for client account positions

      All other positions with a market value of $2.00 or more per share

      50%

      Market value of $1.75 per share to $1.99 per share

      60%

      Market value of $1.50 per share to $1.74 per share

      80%

      Market value of $0.25 per share to $1.49 per share

      100%

      Market value of below $0.25 per share

      $0.25 per share

    There is no history log for this rule.

    There is no history log for this rule.