Characteristics
General margin trading is a form of margin trading in which the securities firm independently sets terms such as the repayment deadline, interest rate, and eligible stocks. Some securities firms offer products such as "indefinite-term margin trading," with no fixed repayment deadline, but terms vary by firm.
Difference from System Margin Trading
While system margin trading is conducted under uniform terms based on exchange rules, general margin trading is generally structured so that the securities firm uses its own funds or held stock to cover positions, meaning that costs such as reverse interest are less likely to arise. However, since handling varies by securities firm, it is important to confirm in advance.