Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and the Yahoo Answers website is now in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.
Trending News
What portion of the stock market is now from margin buys?
Does anyone know of a link to a site that provides that type of info ?
The 1929 implosion occurred when the market reached a certain % of the holdings in margin .
Altho I rarely buy on margin , a lot of people may and wondering what the total level is now ?
3 Answers
- A nobodyLv 79 years agoFavorite Answer
There is no "link" that you can use that would show this information
No one agency tracks whether a purchase is made using margin since it is not a required piece of information when executed transactions ae reported. Only the executing broker needs to record the type of account used to execute the trade it is not important for the trade reporting or clearing.
SIAC at one point in time tried to gather this Information but many brokerage firms did not feel it was important to provide such data. And it is not important to any firm other than the firm carrying the account.
Source(s): from the street - underexposed...Lv 79 years ago
And why would that be worthwhile for someone to document so you could read it.
Edit: That information on the 1929 crash was compiled after the event to rationalize what had happened, there is no on-going monitoring of margin use that I am aware of. Margin rules were not well understood back then and times were good so people treated it as though it was free money.
You are wise to not use margin often....try to reduce "rarely" to "never"...it allows you to sleep bettre at night during bad times. I have a margin account but it is there simply to bridge a 5 day transaction processing period that occasionally comes into play. In tax deferred accounts margin (in Canada anyway) is not allowed and I have not difficulty managing my account.
Anyone that abuses margin deserves the trouble they may ultimately encounter...playing with fire IMHO