Call Money definition
Examples of Call Money in a sentence
As noted in this rate schedule, the interest rates selected by your Broker will be added to the Broker Call rate (also known as the Call Money rate) to determine your margin interest rate.
Your annual rate of interest will change, without prior notice to you, in accordance with changes in the Call Money Rate.
For the current Call Money Rate, please visit ▇▇▇.▇▇▇.▇▇▇ or contact us.
The annual rate of interest applicable to your Account will be computed using a selected rate above, at, or below the Call Money Rate, also referred to as the Broker Call Rate, as published in the Wall Street Journal.
Interest shall accrue at a floating annual rate equal to the rate quoted as "Call Money" from time to time in the "Money Rates" section of The Wall Street Journal, or if no such rate is quoted or The Wall Street Journal is not available, the generally prevailing rate for loans to members of the New York Stock Exchange secured by stock exchange collateral provided by Reuters or a similar source of recognized standing selected by the Bank.
In the event Bank determines that for any reason no rate comparable to Call Money is available on a given day, the Loans shall bear interest on such date at the Prime Rate (as hereinafter defined) minus 1% per annum.
Cash accounts with debit balances may be subject to interest charges of up to 4.00 percentage points above the Broker’s Call Money Rate.
In accordance with Rule 10b-16 of the SEC Act of 1934 the following disclosure is set forth: Interest Rates on Debit Balances: The interest rate charged by StockCross on your debit balance is based on a base rate determined by StockCross, which is influenced by money market conditions, including the Prime Rate, Call Money, and Treasury Bills.
For the current Call Money Rate, please visit ▇▇▇.▇▇▇.▇▇▇ or contact your financial professional.
You understand that the rate of interest charged to your account is based on the Broker Call Money Rate and that the particular rate will vary from time to time without prior notice due to fluctua- tions in interest rates or other causes in accordance with the fol- lowing schedule: Interest charges are calculated on the daily net debit balance in your account based upon a sliding scale of percentage above and be- low the Broker Call Money Rate.