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|||You bet. Your position can be closed and you will owe the broker any remaining shortage. They will take you to court to collect if needed. You will be reported through Checkex so other brokers won't deal with you.
Tuesday, December 6, 2011
Can you get banned from the futures market if you don't meet a margin call?
Can you get banned from the futures market if you don't meet a margin call?|||If you don't meet the call they can close out your position. If that leave a negative balance and you don't pay, then they can blacklist you and sue you.|||Thank you for the answer.
|||You bet. Your position can be closed and you will owe the broker any remaining shortage. They will take you to court to collect if needed. You will be reported through Checkex so other brokers won't deal with you.
|||You bet. Your position can be closed and you will owe the broker any remaining shortage. They will take you to court to collect if needed. You will be reported through Checkex so other brokers won't deal with you.
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