More Margin with a Joint Trading Account?

Discussion in 'Risk Management' started by ryleg, May 1, 2008.

  1. ryleg

    ryleg

    Has anyone ever heard of a broker doing a "joint trading account" with a retail trader where the retail trader gets to use the broker's margin? Allegedly, under such a setup, the broker would have to contribute some capital to the account (10% was advised). I was advised that this was a possibility by someone, but I don't understand all of the details. Can anyone fill me in on how this would work?