A margin shortfall occurs when the value of your pledged collateral falls below the required margin level usually because the market price of your pledged shares has dropped.
What happens when a shortfall is triggered:
- Alert sent – Samco notifies you immediately via SMS and email
- Action required – You need to either add funds to your account or pledge additional eligible holdings to cover the gap
- If not resolved – Samco may square off your open positions and, if that is not sufficient, sell the pledged collateral to recover the outstanding amount
Easy & quick
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