Home > Term: margin clerk ii
margin clerk ii
A professional who compiles daily stock quotations and compares data with customer margin accounts to determine market prices in relation to collateral held by bank. Computes and records fluctuations and reports need of additional collateral to secure loans. May discuss price fluctuations with customers, registered representatives , and others to monitor stock trends in relation to bank's margin loan accounts.
- Sõnaliik: noun
- Valdkond/domeen: Professional careers
- Category: Occupational titles
- Company: U.S. DOL
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Looja
- Jason F
- 100% positive feedback
(United States of America)