active box

Active Box

This refers to the physical location in a brokerage where securities are kept.

Notes:

These securities are usually held as collateral for customers' margin positions.

Also known as open box.

See also: Bearer Form, Broker, Cage

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Active box

Securities that are held in safekeeping and are available as collateral for securing brokers' loans or customers' margin positions.

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active box

See open box.