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| Definitions by InvestorWords.com |
| What is...? |
| Minimum Equity Call A Minimum Equity Call means that your margin equity has fallen below the minimum account equity requirement, which is $2,000.00. A Day Trading Minimum Equity Call means that you are required to deposit funds or marginable securities to meet NYSE day trading requirements. This happens if your account is a pattern day trading account and your margin equity has fallen below the minimum account equity requirement for day trading, which is $25,000.00. If the day trading minimum equity call is not met, then the account's day trading buying power will be restricted for 90 days. Source: E*TRADE FINANCIAL |
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