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Online brokers, margin calls, etc.
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beh
Posted 9/18/2010 13:58 (#1364468 - in reply to #1360563)
Subject: Re: Online brokers, margin calls, etc.


Heil Harvesting, Ulysses KS/Limon CO
ADM does what they call a secured hedge agreement--you, your broker and your banker all sign a piece of paper. Margin call comes through, broker calls you then broker calls bank. Check is sent direct from the bank free of charge...

Can be used going through your broker ins more tradititional method OR the callcan be placed by your managing broker if you trade on line. Honestly it was my PREFERRED method when I was a broker. I am not left holding a margin call because I KNOW the bank is on board, you nor I have to worry about making time to get a check cut
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