CHICAGO, July 18, 2012 (GLOBE NEWSWIRE) -- Top rated online broker tradeMONSTER announced the launch of Portfolio Margin for active option traders. Portfolio Margin accounts use a risk-based approach to calculate margin requirements for options trading potentially increasing buying power and lowering margin requirements for specific option strategies.
"With the release of Portfolio Margin accounts, our active option customers will have access to greater leverage in their trading accounts through lower margin requirements," said Jim Swartwout, President of tradeMONSTER. "Rather than using option strategies to define margin requirements, Portfolio Margin accounts are based on a risk-based calculation methodology providing active traders with lower margin requirements."
tradeMONSTER will offer Portfolio Margin accounts to customers who have a minimum balance of $150,000 and submit an application for approval. Once approved, customers will have access to lower margin requirements and increased buying power as well as all of the other powerful trading tools free of charge through the tradeMONSTER trading platform.
If you would like to learn more about Portfolio Margin at tradeMONSTER, visit our Portfolio Margin page to see the benefits of using a Portfolio Margin account through different trade examples. You can also read our Portfolio Margin FAQs to see if portfolio margining may help benefit your trading.
About tradeMONSTER
Launched in 2008, tradeMONSTER, at www.trademonster.com, is setting a new standard of excellence and innovation in the online brokerage industry. tradeMONSTER is the first online broker to deploy a streaming desktop-like trading experience in a web-browser. tradeMONSTER features a dynamic and customizable interface, integrated investor education, transparent commissions and an extremely knowledgeable and dedicated customer service team. tradeMONSTER's technology team prides itself on constant customer driven innovation and currently has 4 patents pending for one-of-kind investment tools embedded on the tradeMONSTER platform. The company's management team comprises former executives at Schwab, Fidelity, optionsXpress, ThinkorSwim and E*Trade, with an average 20 years of brokerage experience.
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About optionMONSTER
Co-founded in 2006 by Jon ('DRJ') Najarian and Pete Najarian, a pair of professional traders, financial executives, and CNBC contributors, the optionMONSTER Group of companies provides tools and information intended to narrow the gap between self-directed and institutional investing. optionMONSTER's unique perspective marries high-tech analysis of the day's market activity to the pro trader's insights and makes it accessible to everyone. At www.optionmonster.com, the Chicago-based company delivers news and analysis, educational resources, and subscription products in the fields of options, equity, and exchange traded funds, helping investors evaluate trading opportunities and make disciplined decisions about their portfolio.
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