Question

what do you mean by memorandam trading account​

Answer 1

Explanation:

Memorandum accounts are information accounts that have no accounting function or that serve as off balance-sheet accounts. For example, a memorandum account might be used to record the Number of Shares Outstanding.

Answer 2

Answer:

Explanation:

A special account used to hold excess margin from an investor's margin account. This type of account locks in unrealized gains and increases an investor's buying power. Also called special memorandum account.

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