TSX:LSG.DB - Post by User
Comment by
4uon Aug 16, 2011 9:53am
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Post# 18946678
RE: $48,640 Margin Call - Help me with my math
RE: $48,640 Margin Call - Help me with my mathcall your broker and find out exactly how much you must cover. Banks generally will call you on the phone for a margin call and tell you how long you have to cover. This could be up to 2 days. If you don't cover they will look at your account and take any cash, GIC's etc before selling any stocks. In the end they will try and sell stocks that have the least impact on your account.