Partial Transfer of a Margin Account

Discussion in 'Retail Brokers' started by qll, Jun 19, 2007.

  1. qll


    I have a 600K account, with 500k margin. I only want to transfer some stocks. I only see to list stocks on the transfer form, but how do I transfer the debt?
  2. qll


    anyone can help?
  3. Bell


    Automated Customer Account Transfer Service

    You should make the information more exact by contacting NSCC or your broker. But it seems a debt isn't on the list of instruments handled by the system. Otherwise the receiving firm had to credit the delivering firm. Just my 2 cents.