Different types of equities have different margin requirements. Suppose as a simplified example that I open account with $10k USD, and buy $7k of SPY and $7k of SSO. The SSO has a higher margin requirement. If I buy SSO first and then buy SPY second, does that mean the $4K is borrowed for SPY alone and I am required to have less margin than if I made the two purchases in the reverse order?
Submitted September 16, 2017 at 04:57PM by gnurd http://ift.tt/2wxqOvZ
