CD or money market acct as margin for brokerage acct?

Discussion in 'Trading' started by DataCruncher, Jun 18, 2008.

  1. does anybody know if Bank of America lets you use money in a CD or money market account as margin for your Bank of America brokerage account?
    Scottrade also has CDs, how about them?

    I have a money I'm looking to put into a CD but it would be nice if it could benefit my brokerage account somehow.