sebastianramirez17 sebastianramirez17
  • 20-02-2020
  • History
contestada

What does buying a stock on margin mean

Respuesta :

js9175
js9175 js9175
  • 20-02-2020

Answer:

You're in luck because surprisingly I know a thing or two about it.

So, basically buying a stock on margin means to borrow money from a broker to purchase stock. Think of it as a loan from your brokerage. Margin trading actually allows you to buy more stock than you normally would be able to. To trade on margin, though, you need a margin account, and a minimum of at least $2,000 is required to open one.

Hope I helped :)

Answer Link

Otras preguntas

The part of the US government that interprets laws is the
Annette rode her bike 6.8 miles at a constant rate for 90 minutes. To find how fast she traveled, she solved the equation 6.8= x⋅90. What does x represent? a)
what is the similarity between the code of hammurabi in babylon and the twelve tables in rome
A recipe uses 3 eggs for every 8 cups of flour. what is the ratio of eggs to flour in the recipe?
In figure 12-8, the percentage of guanine would be_______.
Two numbers that multiplied give you 216 and add up to 35
What type of ions have names ending in ide?
After you enter the details for the first selected recipient in the New Address List dialog box, click _______ to add another recipient. A. Find B. New E
When did the san francisco earthquake happen?
What factors allowed Jamestown to survive its initial struggles