What is the Margin Call email and SMS?
When you have a margin shortfall on open trade positions, a Margin Call email/ SMS is sent to your registered contact details. In this, you will be requested to immediately either:
- Add funds to your trading account to cover the margin requirement, or
- Reduce your position size.
Failure to do so will result in your position being squared off without further notice, or a penalty charged by the exchange for holding the position overnight.
* Margin requirements can change during the trading day if the stock is volatile.
* Margin requirements shown on SELFIE and TraderX will be in accordance to the latest requirement as per the exchange.
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