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Open an Account| Can I liquidate a position to cover a Margin Call? |
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Only an infusion of money or marginable securities, either by wire-in, or deposit into the account can cover a margin call. A Trader cannot liquidate to cover a call on a Active trading account. If either a Trading Call or a Reg. T Call has not been met by 3:00 p.m. on the Reg. T date (T+5) the account will be coded NMB (no more business) before the open the next morning.
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