This frame presents the balance for the selected account. In the left column of the table, in the first row, the user must
select the account for which the information should be displayed. The information displayed may depend on your Order Entry Provider. The rows in the left column display the following
information:
- "Current Initial Margin" or the Initial Margin Requirement for your existing positions - "Current Maintenance Margin" or Maintenance Margin Requirement for your existing positions - "Long Option Value" or The sum of all values for all long option positions - "Start-of-Day Account Balance" or Cash balance at the end of the previous day - "Start-of-Day Total Open Trade Equity" or Gain/Loss on open positions at the end of the previous day - "Securities on Deposit" or Treasury bills and bonds on deposit in the account - "Excess Funds" or the difference between Net Liquidation Value and (Current Initial Margin + Unfilled Initial Margin) |
In the right column, the following information is displayed:
- "Unfilled Initial Margin" or Initial Margin Required if your working orders are filled; - "Unfilled Maintenance Margin" or Maintenance margin requirement if your working orders are filled; - "Short Option Value" or the sum of the values of all short option positions; - "MTM Ending Account Balance" or Market To Market Ending cash balance; - "MTM Total Open Trade Equity" or the Market To Market sum of all unrealized profit/loss of all futures positions; - "MTM Total Account Equity" or the Market To Market sum of (Account Balance + Total Open Trade Equity); - "Net Option Value" or the difference between Long Option Value and Short Option Value; - "Net Liquidation Value" or the sum of MTM Total Account Equity, Net Option Value and Securities on Deposit. |