Reg T Call (RT Call)

What is an RT call?

A Reg T call is a margin call that occurs when there aren't enough funds in an account to cover the 50% initial requirement.

How it happens

A Reg T call occurs when a customer doesn't have enough funds in their account to cover the 50% initial requirement. Generally, a RT Call happens when a customer uses DTBP to open a position and holds the position overnight.

Receiving an RT call

You will not be able to open new positions while in an RT Call. After receiving 3 RT calls in 90 days, your maximum Day Trade Buying Power factor will be reduced to 2 times. No instant buying power will be credited from pending ACH deposits until the call is met.

How to resolve an RT call?

You can make a deposit of the call amount, liquidate 2 times of the call amount or transfer marginable securities from external account to meet an RT Call. If you choose the transfer marginable securities option to meet the call, please contact customer service so that we can work with you to ensure that it meets the call amount.

You may get a liquidation strike if your account is also in an Exchange Call or when the call is left past due. Webull reserves the right to liquidate positions to meet the call at any time.

Note:

The call will be removed 1-2 business days after the required action. If you have multiple calls that are outstanding, each call must be met separately.