Margin requirement and market value question

Discussion in 'Ask any question!' started by cashclay, Apr 10, 2017.

  1. cashclay

    cashclay New Member

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    Share price Margin requirements
    · Reduced margin eligible securities* 30% of the market value
    · Securities selling at $2.00 or more 50% of the market value
    · Securities selling at $1.75 to $1.99 60% of the market value
    · Securities selling at $1.50 to $1.74 80% of the market value
    · Less than $1.50 100%

    This is questrade.
    I dont understand this . Sorry Im a newbie
    If i were to sell or short a stock of less than 1.50 then i would need a 100% market value? What are they aying they dont give me any margin for it? And if i were to short a 2.00 then they would provide me 50% of the total price?
     

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