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Subject:  Margin and Shorts Date:  11/6/2003  12:10 PM
Author:  ajaskey Number:  7414 of 10593

It has been discussed here whether margin interest includes short interest. I shorted 100 shares of UNTD this morning and my Ameritrade account shows I only have a $602 maintainance requirement. This looks like I can short on margin and they wouldn't be able to distinguish my long margin from my short margin. I've shorted more than the cash in my account before, but there were always enough long equity to cover it. This is just for information and others may know more about it than I do.

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