A Required Maintenance (RM) call is issued when the margin equity in an account is less than the maintenance requirements. 

How to meet a Required Maintenance Call?

Maintenance calls are typically due three business days after the call is issued (T+3), but tastyworks reserves the right to require maintenance calls to be met sooner. 

The fastest way to meet a maintenance call is by sending a wire transfer. If you want to meet an RM call by making an ACH deposit, then please write to our trade desk at tradedesk@tastyworks.com so we can inform our margin team. ACH deposit requests made before our cutoff typically land in your account the next trading day.

However, accounts may meet a maintenance call in the following ways:

  • Depositing securities
  • Market appreciation
  • Closing positions to generate sufficient margin release

Please note: Maintenance calls are issued cumulatively.

If you do not address a maintenance call, then the risk/margin department will intervene to resolve the call by liquidation if the customer does not.