Hey Dash
Yes you are correct, sorry
3.00 on the venture
These are TDs rules
Margin Requirements & Concentration Guidelines
The following guidelines apply to TD Direct Investing margin accounts. Additional requirements may apply depending upon the specific transactions and positions in your account. For more information, please review the Margin Disclosure Statement below and a few examples of Margin Calculations.
Margin RequirementConcentration Guidelines
30%
$1,000,000 Loan Value |
50%
$500,000 Loan Value |
75%
$25,000 Loan Value |
100%
Not Applicable |
Canadian Listed Equity and ETF SecuritiesMargin Requirement
TSX listed/IIROC Approved list ($5.00+)
30% |
TSX listed ($3.00+)
50% |
TSX Venture ($3.00+)
75% |
Securities under $3.00
100% |
U.S Listed Equity and ETF SecuritiesMargin Requirement
Options eligible securities ($5.00+)
30% |
Listed securities ($3.00+)
50% |
Securities under $3.00
100% |
OTC Listed securities
100%
|