wazua Thu, Jan 16, 2025
Welcome Guest Search | Active Topics | Log In | Register

Question for D&B clients
Dahatre
#1 Posted : Friday, October 11, 2013 7:33:45 PM
Rank: Member


Joined: 12/21/2009
Posts: 602
I am new to online trading.

What does "balance after haircut" mean?
mwekez@ji
#2 Posted : Saturday, October 12, 2013 12:30:39 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Dahatre
#3 Posted : Wednesday, October 16, 2013 2:19:22 PM
Rank: Member


Joined: 12/21/2009
Posts: 602
Hmm...sounds a bit like margin trading?? That is NOT allowed on the NSE or is it?

Anywho...Will call D&B to clarify since I did not borrow anything
murchr
#4 Posted : Wednesday, October 16, 2013 2:21:32 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
Dahatre wrote:
Hmm...sounds a bit like margin trading?? That is NOT allowed on the NSE or is it?

Anywho...Will call D&B to clarify since I did not borrow anything


Dont sweat over that
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
guru267
#5 Posted : Wednesday, October 16, 2013 3:05:41 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Dahatre wrote:
Hmm...sounds a bit like margin trading?? That is NOT allowed on the NSE or is it?

Anywho...Will call D&B to clarify since I did not borrow anything


@Dahatre there are two definitions for the "haircut"...

The 2nd one defines it as the amount that one's portfolio would be valued at if they desired to use it as collateral for a bank loan...

Dyer and Blair uses a rate of 75% of the portfolio but your lender may prefer a lower rate of 50% depending on the asset mix!
Mark 12:29
Deuteronomy 4:16
Dahatre
#6 Posted : Monday, October 28, 2013 9:07:23 PM
Rank: Member


Joined: 12/21/2009
Posts: 602
You are right murchr. I called d&b and they said not to worry. They must have bought an off-the-shelf trading platform from someplace that allows margin trading.....
murchr wrote:



Dont sweat over that[/quote]
Users browsing this topic
Guest (2)
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2025 Wazua.co.ke. All Rights Reserved.