FAQs

Trading

Why are some stocks suddenly unavailable to trade?

Good Faith Violation (GFV)

What is day trading?

Account Opening

What’s the difference between margin and cash account?

How can I change to a cash account or a margin account?

What types of accounts can I open with GPS?

Deposit & Withdrawal

Why can’t I withdraw my cash immediately?

Why didn’t I receive the 2 micro deposits for ACH verification?

For my ACH deposit, how long does it take?

Securities Financing

Who is eligible for the Stock Yield Enhancement Program (SYEP)?

What stocks are eligible for the Stock Yield Enhancement Program?

How is the income received by a customer on any given Stock Yield Enhancement Program loan transaction determined?

Stock Transfers

Tips for transferring stocks to your GPS account.

How long does stock transfer take?

What does GPS charge to transfer stocks?

Options

What is an uncovered option position?

What account type is needed to trade options?

Can I trade credit option spreads in my account?

What account type is needed to trade options?