Merrill Edge Bond Margin Question
Merrill Edge Bond Margin Question
I recently transferred an investment-grade municipal bond to a new Merrill Edge taxable account. This is the only position in this account and I opened the account as a margin account, which was approved. I see now the Available to Withdraw (Cash) and Available to Withdraw (using Margin) both show $0.00, which means this position is not Marginable. Does anyone have a similar issue with their margin account?