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