Webb17 feb. 2014 · SMA refers to the Special Memorandum Account which represents neither equity nor cash but rather a line of credit created when the market value of securities in a … WebbNow excess liq is $50 (you used $150 to buy $600 of aapl at 4x margin), buying power is $200 (4 times excess liq), SMA is -$100 (negative because you are technically in violation of reg T because you’ve exceeded 2x margin max, you are at 3x margin rn with $600 stock bought with $200 cash).
Unit 3- Extension of Credit Flashcards by Chase Robison
WebbAs the initial transaction in a new margin account, a customer buys: 100 shares of ABC @ $60 300 shares of DEF @ $80 200 shares of PDQ @ $30 The customer deposits the required margin. Subsequently, ABC stock rises to $70; DEF rises to $100; and PDQ rises to $50. The SMA in the account is. SMA = 50% of market value - debit initial = 36000-18000 ... WebbIf the brokerage’s maintenance margin is 25%, the formula for calculating the account balance that triggers the margin call is as follows: Margin Account Value = ($12,000 Margin Loan) / (1 – 0.25 Maintenance Margin %) Margin Account Value = $16,000. So if the investor’s margin account dips below $16,000, they would receive a margin call. in addition 同义短语
Series 7 Unit 16 Questions Flashcards Quizlet
Webb14 apr. 2024 · For a bullish reversal to gain traction, a rise and daily chart close above not only the early April high at 1,812.37 but also above the 200-day simple moving average (SMA) at 1,824.79 needs to occur. Only then can a gradual advance back towards the November peak at 1,905.84 begin in earnest. WebbPurchasing in margin or cash account requires a deposit of 25% of issued cost or $2,000 whichever is greater. Interest charges on Municipal margin account debit balances ____ tax deductible. are not. Minimum Maintenance on Municipal Bonds is (2): 15% of Market Value. 7% of Principal, whichever is greater. Webb14 apr. 2024 · Extraskeletal myxoid chondrosarcoma (EMC) is a rare sarcoma of uncertain differentiation, predominantly arising in soft tissue and rarely occurring in bone. 1 Early descriptions of EMC include a case of a “chordoid tumor” first described by Stewart in 1948, 2 as well as a series of cases originally believed to be de novo chondrosarcomas … inatis project consulting