Posted On: 03/15/2013 11:37:31 PM
Post# of 351
The meaning and definition of Margin Account -
A brokerage account which allows customers to purchase securities with money borrowed from a broker/dealer. Margin accounts are governed by rules of the Federal Reserve Board, the NYSE, the NASD, and the brokerage house itself. A signed and approved Margin Agreement is a prerequisite to trading on margin.
(0)
(0)Scroll down for more posts ▼
