5560. Margin for short positions

Or jump to a Series:

    1. Subject to subsections 5560(2) and 5560(3), the minimum Dealer Member inventory margin and client account margin required for short positions resulting from short sales of a security traded on a when issued basis is the normal margin required for a short position in the security.

    2. Dealer Member inventory margin shall be posted on the trade date of the short sale.

    3. Client account margin shall be posted on the second settlement day after the trade date of the short sale.

    There is no history log for this rule.

    There is no history log for this rule.