Pattern daytrading question

Discussion in 'Trading' started by Mikel, Apr 11, 2008.

  1. Mikel

    Mikel

    Quote

    "Pattern daytrading accounts require a $25,000 minimum balance. Pattern daytrading status is assigned to margin accounts which execute more than three (3) equity or options daytrades within five (5) consecutive business days. "

    Can somebody tell me if this rule applies to futures, as well as to equities and options.

    Thanks.
     
  2. Midas

    Midas

    futures do not apply.
     
  3. Mikel

    Mikel

    Thank you, Midas.