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Busta21
 

Registered: Aug 2010
Posts: 142

 

04-10-12 03:38 AM

Can anyone point me to a broker (prime or similar) that provides overnight leverage on US equities and ETFs? Need more than 3:1 overnight on $250k+ - I realize that is not a lot hence why I am posting here looking for advice.


Thanks in advance

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rmorse
 

Registered: Apr 2011
Posts: 1056

 

04-10-12 04:00 AM


Quote from Busta21:

Can anyone point me to a broker (prime or similar) that provides overnight leverage on US equities and ETFs? Need more than 3:1 overnight on $250k+ - I realize that is not a lot hence why I am posting here looking for advice.


Thanks in advance



We might be able to help. If you qualify for a Portfolio Margin Account, you can receive as much as 6.67:1 on equities and higher on broad based indexes. Email me you contact information, best time to call, and a better description of your needs. I'll give you a call tomorrow and go over your options.

For general information on Customer Portfolio Margin and risk based haircut , check out the OCC website at:
http://www.theocc.com/risk-management/rbh/

Bob

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