Special Margin Stocks

It would not be surprising if buying and/or selling securities such as stocks, bonds, and stock options (when selling option premium) is one of the least appreciated and/or less understood concepts in the financial markets in general, and the stock market in particular.

In the securities and exchange comments, they ask stock traders and investors some key questions:

"
*

Do you know that margin accounts involve a great deal more risk than cash accounts where you fully pay for the securities you purchase? Are you aware you may lose more than the amount of money you initially invested when buying on margin? Can you afford to lose more money than the amount you have invested?
*

Did you take the time to read the margin agreement? Did you ask your broker questions about how a margin account works and whether it's appropriate for you to trade on margin? Did your broker explain the terms and conditions of the margin agreement?
*

Are you aware of the costs you will be charged on money you borrow from your firm and how these costs affect your overall return?
*

Are you aware that your brokerage firm can sell your securities without notice to you when you don't have sufficient equity in your margin account?

"

Stock brokers can also increase their margin requirement. They may reduce the collateral value of securities (which reduces marginability) for a variety of reasons, including:
* small market capitalization or small issue size
* low liquidity in the collective primary/secondary exchanges
* involvement in tenders and other corporate action

The list of reasons are not exhaustive, as a stock brokers states "may reduce the collateral value of securities (reduces marginability) for a variety of reasons, including:
* small market capitalization or small issue size
* low liquidity in the collective primary/secondary exchanges
* involvement in tenders and other corporate action

Changes in marginability are generally considered for a specific security. However, in cases of concerns about the viability or liquidity of a company, marginability reductions will apply to all securities issued by, or related to, the affected company, including bonds, derivatives, depository receipts, etc".

The point is that margins can change, and the changes can effect the financial portfolios of investors and traders.


For July 30, the following securities might be on special margin requirements:

Symbol Currency Long Name Long Maintenance Margin Long Initial Margin Short Margin
AA PR USD Alcoa Inc 100 100 100
AAAA USD AAA Public Adjusting Group Inc 100 100 100
AAAB USD AAA Best Car Rental 100 100 100
AAAE USD AAA Energy Inc 100 100 100
AABB USD Asia Broadband Inc 100 100 100
AABVF USD Aberdeen International Inc 100 100 100
AACAY USD AAC Acoustic Technologies Holdings Inc 100 100 100
AACEY USD Asia Cement China Holdings Corp 100 100 100
AACS USD American Commerce Solutions Inc 100 100 100
AADG USD Asian Dragon Group Inc 100 100 100
AADI USD American Asset Development Inc 100 100 100
AAERF USD AAER Inc 100 100 100
AAGC USD All American Gold Corp 100 100 100
AAGH USD Asia Global Holdings Corp 100 100 100
AAGIY USD AIA Group Ltd 100 100 100
AAGRY USD Astra Agro Lestari Tbk PT 100 100 100
AAIAF USD Astral Media Inc 100 100 100
AAIIQ USD Alabama Aircraft Industries Inc 100 100 100
AAIR USD Avantair Inc 100 100 100
AAMA USD Asiamart Inc 100 100 100
AAME USD Atlantic American Corp 100 100 100
AAMJF USD Astral Mining Corp 100 100 100
AAMTF USD Armada Mercantile Ltd 100 100 100
AAMUQ USD American Ammunition Inc 100 100 100
AANI USD Amedia Networks Inc 100 100 100
AAPH USD American Petro-Hunter Inc 100 100 100
AAPT USD All American Pet Co Inc 100 100 100
AARI USD Atlantic Resources Inc 100 100 100
AARS USD Asia Atlantic Resources 100 100 100
AASI USD All Asia Licensing Inc 100 100 100
AASL USD America's Suppliers Inc 100 100 100
AASP USD All-American SportPark Inc 100 100 100
AAST USD Royal Union Holding Corp 100 100 100
AATSF USD Aastra Technologies Ltd 100 100 100
AAU USD Almaden Minerals Ltd 100 100 100
AAUI USD Andina Group Inc 100 100 100
AAUJF USD AndeanGold Ltd 100 100 100
AAUKF USD Anglo American PLC 100 100 100
AAUKY USD Anglo American PLC 100 100 100
AAVG USD AvStar Avitation Group Inc 100 100 100
AAXT USD Aamaxan Transport Group Inc 100 100 100
ABAT USD Advanced Battery Technologies Inc 100 100 100
ABBB USD Auburn Bancorp Inc 100 100 100
ABBRF USD Abbastar Resources Corp 100 100 100
ABCC USD Accelerated Building Concepts Corp 100 100 100
ABCFF USD Abacus Mining & Exploration Corp 100 100 100
ABCP USD Ambase Corp 100 100 100
ABCXF USD Asia Bio-Chem Group Corp 100 100 100
ABCZY USD Abcam PLC 100 100 100
ABDR USD Ambassador Food Services 100 100 100
ABEPF USD Abitex Resources Inc 100 100 100
ABETF USD Abenteuer Resources Corp 100 100 100
ABEW USD Airbee Wireless Inc 100 100 100
ABFIQ USD American Business Financial Services Inc 100 100 100
ABGFF USD American Bonanza Gold Corp 100 100 100
ABGLY USD African Barrick Gold LTD 100 100 100
ABGOY USD Abengoa SA 100 100 100
ABHD USD Abtech Holdings Inc 100 100 100
ABHI USD AmbiCom Holdings Inc 100 100 100
ABIX USD Abatix Corp 100 100 100
ABKB USD American Basketball Association Inc 100 100 100
ABKFQ USD Ambac Financial Group Inc 100 100 100
ABKH USD American Bank Holdings Inc 100 100 100
ABKI USD Abakan Inc 100 100 100
ABL USD American Biltrite Inc 100 100 100
ABLE USD Able Energy Inc 100 100 100
ABLP USD Absolute Potential Inc 100 100 100
ABMBF USD Abcourt Mines Inc 100 100 100
ABMC USD American BIO Medica Corp 100 100 100
ABMT USD Advanced BioMedical Technologies Inc 100 100 100
ABNAF USD Aben Resources Ltd 100 100 100
ABNC USD American Bancorp Inc 100 100 100
ABNK USD AltaPacific Bancorp 100 100 100
ABNS USD Alliance Bancshares-CA 100 100 100
ABOT USD Abot Mining Co 100 100 100
ABPA USD Allegiance Bank of North America-Bala Cynwyd PA 100 100 100
ABPH USD Advanced BioPhotonics Inc 100 100 100
ABPI USD Accentia Biopharmaceuticals Inc 100 100 100
ABPR USD Airborne Security & Protection 100 100 100
ABPZF USD Arab Potash Co 100 100 100
ABRTY USD Abertis Infraestructuras SA 100 100 100
ABSSF USD Airboss of America Corp 100 100 100
ABTGD USD Ambient Corp 100 100 100
ABTL USD Autobytel Inc 100 100 100
ABTO USD Alliance Bank & Trust Co 100 100 100
ABTUF USD Asbestos Corp Ltd 100 100 100
ABVA USD Alliance Bankshares Corp 100 100 100
ABVV USD Abviva Inc 100 100 100
ABWG USD AB Watley Group Inc 100 100 100
ABZT USD Ablaze Technologies Inc 100 100 100
ACAL USD America California Bank-Palo Alto CA 100 100 100
ACAR USD ActiveCare Inc 100 100 100
ACAZF USD Acadian Timber Corp 100 100 100
ACBC USD Albina Community Bancorp 100 100 100
ACBK USD American City Bank L.A. 100 100 100
ACCA USD Acacia Automotive Inc 100 100 100

0 comments

Recent Entries

Recent Comments