Knowledge Center

My Brokerage Account

Balances

From the main menu, press 3, or from any other spot, press *B.

The system will list the following information:

Current Cash Balance - Total dollar amount of trades that are still settling in Cash.

Current Margin Balance - Total dollar amount of trades that are still settling in Margin.

Current Short Balance - Total dollar amount of trades that are still settling in Short.

Total Balance - Total dollar amount of trades that are still settling.

Cash Equity - The Cash Portfolio Value +/- any debit or credit in the Current Cash Balance.

Margin Equity - The Margin Portfolio Value +/- any debit or credit in the Current Margin Balance.

Short Equity - The Short Portfolio Value +/- any debit or credit in the Current Short Balance.

Total Equity - The Total Portfolio Value +/- any debit or credit in the Total Balance.

Cash Portfolio Value - The market value of the Cash equity positions held in the account.**

Margin Portfolio Value - The market value of the Margin equity positions held in the account.**

Short Portfolio Value - The market value of the Short equity positions held in the account.**

Total Portfolio Value - The total market value of the equity positions held in the account.**

Buying Power - The system states both Buying Power and Trading Cash as "Buying Power".

  • For a Cash account, this is the current net balance minus any unsettled sells minus any open buy orders.
  • For a Margin account, this is the maximum amount a customer can use to purchase or sell short a marginable security without depositing additional funds.

When complete, the system will say, "for Main Menu, press #".

**The market value is based on the last traded price as of the close of business on the previous day. This does not include the value of any option position(s) held in the account.

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