Exchange Currency

memorandum account

An special account used to hold excess margin from an investor's margin account. This type of account locks in unrealized gains and increases an investor's buying power. Also called special memorandum account.

Related information about memorandum account:
  1. Special Memorandum Account (SMA) Definition | Investopedia
    A special account where excess margin generated from a client's margin account is deposited. Also known as "special miscellaneous account".
     
  2. Special memorandum account - Wikipedia, the free encyclopedia
    Special memorandum account. From Wikipedia, the free encyclopedia. Jump to: navigation, search. SMA is a margin credit account used for calculating US ...
     
  3. What is memorandum account? definition and meaning
    Definition of memorandum account: An special account used to hold excess margin from an investor's margin account. This type of account locks in unrealized ...
     
  4. Special Memorandum Account financial definition of Special ...
    The amount of extra money an investor is allowed to borrow on a margin account. Suppose an investor buys $20,000 worth of securities on margin and places ...
     
  5. 12 CFR 220.5 - Special memorandum account. | LII / Legal ...
    Special memorandum account. (a) A special memorandum account (SMA) may be maintained in conjunction with a margin account. A single entry amount may ...
     
  6. Reg T Margin - IB Knowledge Base
    Special Memorandum Account (SMA) – represents neither equity nor cash but rather a line of credit created when the market value of securities in a Reg.
     
  7. What is SMA and how does it work? | IB Knowledge Base
    SMA refers to the Special Memorandum Account which represents neither equity nor cash but rather a line of credit created when the market value of securities ...
     
  8. Special Memorandum Account - SMA: Definition from Answers.com
    memorandum account of the funds in excess of the margin requirement. Such excess funds may arise from the proceeds of sales, appreciation of market values ,