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Steps To Take If Marked as PDT

1. If your SOD (Start-of-Day) equity value falls below $25,000:

● Your account will enter EM* Call status. While in this status, you may open or close positions based on your overnight buying power, but you are not allowed to execute any day trades. If you initiate an additional day trade while in EM Call, your account will move into EM Restriction status, where all opening trades are prohibited, though closing trades remain allowed.
● Keep in mind that a EM Call is not required to have immediate action taken to resolve it. It is simply there as a warning to let you know you're below $25,000 and cannot place a day trade.
● The only way to remove EM Call or EM Restriction status is to deposit funds that bring your account equity above the $25,000 threshold.
● EM Call and EM Restriction statuses are evaluated once per day at 8:00 PM ET. For example, your account status at 8:00 PM Monday determines your trading permissions for Tuesday. Status does not change intraday — even if you deposit funds during the trading day, restrictions will remain in place until the next day’s evaluation.
● Request a one-time PDT flag removal through the moomoo app (assuming there is no unmet day trade margin call). For more information, click here.
*: EM = Equity Maintenance

2. If my account is worth $25,000 or more…

You will be allowed to initiate an unlimited amount of day trade*. Your total day trade buying power is equal to the excess maintenance margin in your account multiplied by four (or two if you are under DT Call status). When initiating new positions, if your maximum buying power is lower than your day trade buying power, you will still need to meet the initial margin requirements of those positions.
You will need to pay close attention to day trade buying power. If you place trades that exceed your remaining day trade buying power, you will receive a day trade call. In a day trade call, you have 2 options:
● Bring in enough funds to cover the day trade call. This money can be transferred back to the original account after a four-day settlement period.
● Past Due DT Call (90 Day Restriction) - If the day-trading margin call is not met by the deadline, the account will be further restricted to trading only on a cash available basis for 90 days or until the call is met.
Note:
● After 5 business days, if you have not met a day trade call, you may be restricted from trading.
● You cannot receive a day trade call if you are not marked as a pattern day trader.
● If you believe you have been erroneously flagged as a patter day trader, please refer to this article: How To Apply for PDT Flag Removal
*: Pending no other account restrictions are applicable at the time of trading

This presentation is for informational and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Investment information provided in this content is general in nature, strictly for illustrative purposes, and may not be appropriate for all investors.  It is provided without respect to individual investors’ financial sophistication, financial situation, investment objectives, investing time horizon, or risk tolerance. You should consider the appropriateness of this information having regard to your relevant personal circumstances before making any investment decisions. Past investment performance does not indicate or guarantee future success. Returns will vary, and all investments carry risks, including loss of principal. 

Moomoo is a financial information and trading app offered by Moomoo Technologies Inc. 

In the U.S., investment products and services available through the moomoo app are offered by Moomoo Financial Inc.,a broker-dealer registered with the U.S. Securities and Exchange Commission (SEC)  and a member of Financial Industry Regulatory Authority (FINRA)/Securities Investor Protection Corporation (SIPC). 

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