FORUMS BROKERS SOFTWARE
Home
 
    Forums > Direct-Access Brokers > Retail Firms > OOOOPS!! TD Ameritrade Margin Calls!!!

Old Feb 15th, 2013, 05:19 PM   #1
KINGOFSHORTS
 
 
Join Date: Sep 2007
Posts: 3,587
Erroneous Reg-T Alerts popping up. I called and confirmed something is messed up in the system.
    Quote
Old Feb 15th, 2013, 06:27 PM   #2
rickf
 
 
Join Date: Mar 2007
Posts: 683
I've had that a few times on Mondays following them pushing out a new software update. First time I saw that I almost had a cardiac despite not having *anything* in that account that needed margin. I called the trade desk around 0730 and they were like "oh no worries, it'll sort itself out in an hour or so" -- by the time the market opened the message was gone. Very freaky to see it, that's for sure!

Even funnier was when I got that on my Roth IRA with them -- I had plenty of cash in the account, bought something, still had plenty of cash in the account, and when the order got placed I got a "possible Reg-T margin needed" alert. Again, a quick email / call put my mind at ease, but still .... not something you want to see, regardless if it's trader error or system hiccup, right?
    Quote
Old Feb 15th, 2013, 11:06 PM   #3
ofthomas
 
 
Join Date: Sep 2009
Posts: 776
find yourself a new broker if that is the case... I wouldnt trust that an automated alert would not liquidate positions without cause.
    Quote
Old Feb 16th, 2013, 06:30 AM   #4
hard kore
 
 
Join Date: Jan 2013
Posts: 117
Quote:
Quote from KINGOFSHORTS:

Erroneous Reg-T Alerts popping up. I called and confirmed something is messed up in the system.
just another lite weight retail pc. of shit broker
    Quote
 
Reply
Thread Tools

Forum Jump



   Conduct Rules   Privacy Policy   Sitemap Copyright © 2014, Elite Trader. All rights reserved.   

WHILE YOU'RE HERE, TAKE A MINUTE TO VISIT SOME OF OUR SPONSORS:
Advantage Futures
Futures Trading & Clearing
AMP Global Clearing
Futures and FX Trading
Collective2
Automated Trading Services
CTS
Futures Trading Software
dom993trading.com
NinjaTrader Consulting
eSignal
Trading Software Provider
FXCM
Forex Trading Services
Global Futures
Futures, Options & FX Trading
Interactive Brokers
Pro Gateway to World Markets
JC Trading Group
Direct Access Trading
MB Trading
Direct Access Trading
NinjaTrader
Trading Software Provider
optionshouse
Option Trading & Education
Rithmic
Futures Trade Execution Platform
SpeedTrader
Direct Access Trading
SpreadProfessor
Spread Trading Instruction
thenut-trader.com
FX, Gold, & Stock Signals
TradersStudio
System Building & Backtesting
Tradier
Equity and Options Trading
Trading Technologies
Trading Software Provider