What happens when a margin call occurs during vacation with other collateral in account?

Discussion in 'Index Futures' started by killATwill, Jun 14, 2024.

  1. Cabin1111

    Cabin1111

    I'm the kind of person who would read the "fine print" from the brokers (Schwab/Fidelity...Years ago Morgan Stanley). I would always see the words "at their discretion".

    Don't know if that is still true...
     
    #21     Jun 14, 2024
  2. %%
    Think so;
    with SCHW anyway.
     
    #22     Jun 14, 2024
  3. newwurldmn

    newwurldmn

    firstly Etrade doesn’t link PM accounts with futures accounts.

    While I have been margin called a ton with Etrade, I never let them auto liquidate. That is super dangerous as it’s an indiscriminate market order.

    I would think they would liquidate at random as there’s no such thing as the one position that put you over. It’s all just a bunch of positions in a limited sized basket.
     
    #23     Jun 14, 2024
    killATwill and murray t turtle like this.