What is an RT call?
A Reg T call, also called a Fed Margin call, is a margin call that occurs when there aren't enough funds in an account to cover the 50% initial requirement, as defined by Regulation T.
How it happens
A Reg T call occurs when a customer doesn't have enough funds in their account to cover the 50% initial requirement. Generally, a RT Call happens when a customer uses DTBP to open a position and holds the position overnight.
Receiving an RT call
You will not be able to open new positions while in an RT Call. After receiving 3 RT calls in 90 days, your maximum Day Trade Buying Power factor will be reduced to 2 times.
How to resolve an RT call?
You can make a deposit of the call amount, liquidate 2 times of the call amount or transfer marginable securities from external account to meet an RT Call. If you choose to transfer marginable securities to meet the call, please contact customer service.
Note: The call will be removed 1-2 business days after the required action. If you have multiple calls that are outstanding, each call must be met separately.