Overnight Marginable Equities Buying Power It will not increase from the liquidation of positions held overnight.It only replenishes or increases from closing day trades.This indicator acts on a 1:1 ratio for fully marginable securities only it assumes a 25% margin requirement on the purchase, hence 4:1 leverage.It is capped to the “Beginning Day Trading Marginable Equities Buying Power.”.This indicator will ultimately determine new order approval, and therefore will prevent new orders from exceeding this figure.Day Trading Marginable Equities Buying Power You have three buying power indicators in your margin account(s), which work as follows. Please contact the Futures Trade Desk at 800.837.8951 for further details. The day trade margin on four E-mini NASDAQ contracts is $4,000, or $1,000 per contract.

Your purchasing power figure will be -$2,625 ($3,000-$5,625).Įxample: Your account net worth is $5,000 you are eligible for the day trade rate and you purchase four E-mini NASDAQ contracts. The day trade margin on one E-mini is approximately $1,406., with initial margin of $5,625/4. Just because your purchasing power shows a negative figure, this does not necessarily mean you have a margin call.Įxample: Your account net worth is $3,000 you are eligible for the day trade rate and you purchase one E-mini contract. Because certain electronic indices can be traded using the day-trade rate, your account may reflect a negative purchasing power figure. When you establish a futures position, the full initial margin is decremented, in real time, from your account’s purchasing power.

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