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| Definitions by InvestorWords.com |
| What is...? |
| Intraday buying power for cash securities / options The amount available to you for trading non-marginable securities?such as penny stocks or options?during the course of the current trading day. This may differ from the amount available for holding securities overnight. Intraday buying power for marginable securities The amount available to you for trading marginable securities, during the course of the current trading day. This may differ from the amount available for holding securities overnight. For more information, see Learn about NASD Rule 2520 |
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