Intraday Margin

Margin Call Explained: The Math, the Rules, and How Liquidation Happens

A practical deep dive into margin calls: maintenance requirements, liquidation math, house rules, instrument differences, and the U.S. intraday margin framework that took effect in 2026.

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Pattern Day Trader Rule 2026: What Replaced the $25,000 PDT Rule

FINRA replaced the old PDT designation and $25,000 minimum with intraday margin standards. Here is what changed, the phase-in and broker implications.

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