Required Maintenance Call (Margin Account)

What is an RM call?

A Required Maintenance call occurs when your Maintenance Requirement exceeds your Margin Equity. You can meet this call by depositing funds or liquidating securities.

How it happens

An RM call occurs when your margin equity falls below your maintenance requirement. If the equity in the account is decreasing due to market activity it can trigger an RM call. Note: The requirement on a particular stock can change at any point. If the requirement for one of the marginable stocks that you hold increases, this can trigger an RM call on your account.

Receiving an RM call

Your buying power will be zero when an RM Call is issued on your account. If your margin equity is greater than the margin requirements, generally buying power is replenished unless there is another type of call on your account. If the call is not met by the due date, we may liquidate assets to satisfy the call. No instant buying power will be credited from pending ACH deposits until the call is met.

How to resolve an RM call?

You can resolve an RM call by depositing funds or by liquidating assets in your account.

Note: An RM call will be based on 4 pm EST closing prices and the account holdings as of 8pm EST. If your maintenance requirement exceeds your margin equity, then an RM call would be active on your account the following trading day.