Question

Funds deposited in Day-trading account to meet the minimum equity requirements or a day-trading margin call must ________.

1) be withdrawn immediately
2) be used for long-term investments
3) be held for at least 30 days
4) be used for short-term trading purposes

Answer 1

Funds deposited in a day-trading account must be used for short-term trading purposes.

Step-by-step explanation:

In day-trading, funds deposited in a day-trading account to meet the minimum equity requirements or a day-trading margin call must be used for short-term trading purposes.