Credit from Brokers

Vinu · 1 Credit from Brokers Sun Mar 27, 2011 3:03 pm

Vinu

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Hello Friends,
I got 30% of credits based on my existing shares and they said wanna settle within 3 days.How much usually broker agencies allow.Shall I ask for 50%. Give me advice.
Thanks

wmdcf · 2 Re: Credit from Brokers Sun Mar 27, 2011 3:23 pm

wmdcf

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Usually they will allow up to 50% credit. I think its depending on your portfolio value Question

Vinu · 3 Re: Credit from Brokers Sun Mar 27, 2011 3:31 pm

Vinu

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It's about 0.5m

wmdcf · 4 Re: Credit from Brokers Sun Mar 27, 2011 3:37 pm

wmdcf

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Your portfolio value is okay. Who is your broker? My broker is acuity. Actually I don’t know its kind of broker dependant thing or not. I got 50%

Vinu · 5 Re: Credit from Brokers Sun Mar 27, 2011 4:04 pm

Vinu

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My broker is SC securities.

nathanfornash · 6 Re: Credit from Brokers Sun Mar 27, 2011 7:06 pm

nathanfornash

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wmdcf wrote:Your portfolio value is okay. Who is your broker? My broker is acuity. Actually I don’t know its kind of broker dependant thing or not. I got 50%

By the way how is your service from Acuity? Are they ok for retail investors? And how is their online trading system?

dimithri · 7 Re: Credit from Brokers Sun Mar 27, 2011 8:15 pm

dimithri

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wmdcf wrote:Your portfolio value is okay. Who is your broker? My broker is acuity. Actually I don’t know its kind of broker dependant thing or not. I got 50%

You have to settle your credit amount Within T-5,Know?

wikum100 · 8 Re: Credit from Brokers Sun Mar 27, 2011 9:33 pm

wikum100

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dimithri wrote:

wmdcf wrote:Your portfolio value is okay. Who is your broker? My broker is acuity. Actually I don’t know its kind of broker dependant thing or not. I got 50%

You have to settle your credit amount Within T-5,Know?

???