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Now Available: Margin Borrowing
We are pleased to introduce margin borrowing, with support for fractional share investing, at margin interest rates at least 2% better than Charles Schwab's and TD Ameritrade's published rates as of January 13, 2020. All rates are subject to change.
See the margin section of our website and our Margin FAQs for details about eligible accounts, interest rates, and risks associated with margin borrowing.
If you have clients who would benefit from margin, you can begin to enable their account for margin by clicking Enable Margin on the client Settings page and following the instructions that appear.
We also updated the cash interest rate formula in our Customer Agreement, effective September 30, 2019, as well as our margin terms.
We have updated our Privacy Policy. We encourage you to review how we protect the confidentiality of your clients' personal information.
Lastly, we have updated our Tax Football screen with a new color scheme. Please let us know what you think.
Martin Luther King Jr. Day Customer Service Hours
In observance of Martin Luther King Jr. Day, the U.S. financial markets and our offices will be closed on Monday, January 20th.
All window trades placed after 2:00 p.m. ET on Friday, January 17th will be executed on Tuesday, January 21st.
No window trades, direct trades, account transfers, or money transfers will be processed on Monday, January 20th.
Customer Service Holiday Hours 1/17/2020 - 1/21/2020
Friday, January 17th: 7:00 a.m. - 9:00 p.m. ET
Saturday, January 18th: 8:00 a.m. - 4:00 p.m. ET
Sunday, January 19th: 8:00 a.m. - 4:00 p.m. ET
Monday, January 20th: Closed
Tuesday, January 21st: 7:00 a.m. - 9:00 p.m. ET