The basis for determining whether you have the necessary assets to either initiate or maintain security assets.

  • For the Securities segment in a margin account, this is calculated as:
    Total Cash Value + Stock Value + Bond Value + Fund Value + European & Asian Options Value

For the Commodities segment in a margin account, this is calculated as:
Total Cash Value + Commodities Option Value – Futures Maintenance Margin Requirement

  • For the Securities segment in a cash account, this is equal to Settled Cash.

For the Commodities segment in a cash account, this is calculated as:
Total Cash Value + Commodities Option Value – Futures Maintenance Margin Requirement + Minimum (0, Futures P&L)

This value appears in the Balances section of the TWS Account Window, the Account tab in WebTrader, and on the Home page in Client Portal.

Related Terms: