- Short
Name
Name associated with the account. Used for reference purposes.
- Type
This field represents the particular type of account (1 = Cash, 2 =
Margin, 3 =Short) in which activity occurs.
- Trade
Date Balance
Amount of cash in account based on the trade date.
- House
call
In reference to total house call, this field represents funds due based
on current requirements. When in reference to house surplus, however,
this field reflects the equity in excess of house requirements.
- SMA
Special Memorandum Account. This is the figure given
for margin accounts. These are funds available to the client from either
cash deposits, proceeds of transactions, or appreciation of assets in
the account. Client may withdraw these funds any time. For margin accounts,
SMA X 2 equals the buying power available.
- Buying
Power
The maximum amount available for new trading commitments which does
not require additional deposits of cash securities. Buying power is
limited to marginal equity securities.
- Total
Trade Date Cash Balance
Amount of cash in account after trades are concluded. Stocks are settled
in three business days. Options are settled in one business day.
- Total
Equity Market Value
The total market value of your equity holdings in your portfolio.
- Net
Value of Options
Total value of the options (long and short) in the account as
of yesterday's closing.
- Net
Value
Net Value=Total Trade Date Cash Balance + Total Equity Market
Value + Net Value Of Options
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