What is the margin requirement for shorting stocks under $5.00? Are these stocks marginable?

Short positions are generally subject to a minimum margin requirement of $5.00 per share.

Examples:

• A stock trading at $3.00 per share requires $5.00 of margin per share when sold short
• A stock trading at $9.00 per share may also require $5.00 of margin per share when sold short, even if the standard margin requirement would otherwise be lower

Important:
Margin requirements may change at any time based on factors such as:

• Volatility
• Low float
• Concentration risk
• Other applicable risk controls