Lightspeed, margin requirements

Discussion in 'Retail Brokers' started by d08, Feb 10, 2021.

  1. d08

    d08

    Playing around with Lightspeed Trader demo, I'm trying to find out what sort of margin is available when shorting SI (Silvergate) but I can't find an equivalent of "Check Margin Impact".
    Anyone with a LS account around that could help?
     
  2. Robert Morse

    Robert Morse Sponsor

    d08-you can email me directly. Look in the Level 1 window. Top right. 100%
    upload_2021-2-10_10-48-51.png
     
    d08 likes this.
  3. What software is that?
     
  4. Robert Morse

    Robert Morse Sponsor

  5. TrailerParkTed and d08 like this.
  6. d08

    d08

    Thanks. I'll ask a few things publicly as it can be helpful for others. Is this for both long and short? (IB has different margin for either side). What should I look for to know if there's short inventory?
     
  7. Robert Morse

    Robert Morse Sponsor

    yes-same for long/short, but they might change in the future. It says E-for easy to borrow. Does not need a locate.
     
    d08 likes this.
  8. Are the borrow rates shown anywhere?

     
  9. Robert Morse

    Robert Morse Sponsor

    For overnight short borrowing, no, not on the software. Our web portal shows an estimate of fees per share overnight but it is just an estimate that Wedbush provides us. It can change.
     
  10. d08

    d08

    Meanwhile I've found the Automated Trading Manuals page to be behind a password. Curious as to why but is there documentation available publicly?
     
    #10     Feb 10, 2021
    DiceAreCast likes this.