maintenance call

(redirected from Maintenance Calls)

Maintenance call

A call for additional money or securities when a margin account falls below its exchange-mandated required level.

Maintenance Call

An order by a brokerage for an account holder to deposit more cash or securities into a margin account when the value of the cash and securities currently in it falls below some defined percentage. Every margin account has a maintenance margin requirement, which is money or securities an investor must keep in his/her margin account in order to be able to borrow from the brokerage. FINRA requires that the maintenance margin must be at least 25% of the amount borrowed, while some brokerages require maintenances of up to 50%. If the maintenance margin falls below this, the account may be subject to a maintenance call. If the account holder is not able to make the necessary deposit, he/she must close out enough positions in order to make the deposit, or risk the account becoming blocked. A maintenance call is a form of a margin call.

maintenance call

A call to an investor for additional funds when the market value of securities in the investor's margin account has fallen to the point that the investor's equity (that is, the value of the securities minus the amount owed) does not meet an established minimum. If the investor does not supply the required money or securities, the firm will sell a certain number of securities sufficient to bring the account into conformity. A maintenance call is a type of margin call.
References in periodicals archive ?
Online maintenance calls and centralised message postings for residents enable effective facility management in Dunes Dahlia and Dunes Lilac.
The University of Maine uses Honeywell's HVAC controls to remotely monitor and adjust temperatures in the durra, which reduces maintenance calls and energy consumption.
Replacing the motor gearbox-chain sprocket-bearing combination with a motorized pulley reduces failures and maintenance calls dramatically.
You don't pay for maintenance calls while you are buying their toner products.
After joining the department Mighall, of Dorchester Park, Prenton, earned pounds 25,00 a year running the help desk which dealt with maintenance calls.
Just think of the late night maintenance calls when an O2 spike sets off an alarm.
Enadia Way has just one administrator, which means that Principal Vivian Cordoba is responsible for disciplinary issues, parent conferences, maintenance calls, and recess and lunchtime supervision.
Prenova estimates that tying into an integrated system with built-in maintenance information can save 25% to 30% on the setup time for repair and maintenance calls.
Collaborative Call Reduction Maintenance is on target to achieve a 20% reduction in maintenance calls through careful system performance analysis and implementation of targeted solutions.
We had good results with that machine with only the usual routine maintenance calls," remarks Nick Gallo, one of the owners of Don Mills Steel and Metal.
Now the company is well into the busy heating season with a raft of furnace installations and maintenance calls.
The network of standalone units reports into a central station where alarms and maintenance calls come into the head-end control panel.

Full browser ?