10% of the geared value. The buffer ensures that small fluctuations in prices will not trigger a margin call.
If your loan exceeds the geared value plus the buffer, we may require you to take immediate action. We are not obliged to contact you if you are in margin call.
4mil shares x 0.29= 1.16
loan is 1mil
marginal trigger at 1.16 + 10%= 1.3mil
https://www.sharetrading.hsbc.com.au/shareschool/faqs/marginloan.html
Ann: Appendix 3Y Stuart Nicholls, page-50
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| Price($) | Vol. | No. |
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