Halifax Trader Work Station - Margins

Margins are one of the most important aspects you need to know when trading. As with most online trading platforms, you can buy contracts using margin. Please select an option below for further information about margins

• Overview - Discusses the basics of margin trading.
• Calculations - How margins are calculated on the platform.
• Real time monitoring - Explains how the real-time margining system works on the platform.
• Day Trading - Explains the rules and regulations of day trading.

Please note that all accounts opened with Halifax with the TWS platform are margin accounts, normally Reg T Margin accounts. No cash accounts can be opened. For further details of the accounts we offer, please see below.

Account Type	Desription	How margin is calculated
Reg T Margin	Borrowing to support equities trading, shorting of equities, options trading, futures/futures options trading, currency conversions and securities/commodities trading in multiple currency denominations available. Purchase and sale proceeds are immediately recognized.	Margin requirements are computed in real-time under a rules-based calculation methodology, with immediate position liquidation if the minimum maintenance margin requirement is not met.
Portfolio Margin	Borrowing to support equities trading, shorting of equities, options trading, futures/futures options trading, currency conversions and securities/commodities trading in multiple currency denominations available.	Margin requirements are calculated based on a risk-based calculation methodology. Customers maintain account equity of USD 100,000 in order to use a portfolio margin account. Otherwise account restrictions will apply.