- Industry: Financial services
- Number of terms: 10107
- Number of blossaries: 0
- Company Profile:
The largest amount that a client can trade against his/her account. This amount varies on basis of the account status below:
Restricted Cash Account: The Maximum Trade Value is equal to the cash and cash equivalents currently in the account plus/minus any pending activities. Sufficient Funds are required to be in the account prior to any new trade commitments.
Note: For opening orders involving Market orders, the Total Maximum Trade Value calculated will be multiplied by 95% for Restricted Cash Accounts. Therefore, the maximum trade value displayed on the Available Funds Screen will be decreased by 5% and will block orders that exceed this value.
Unrestricted Cash Account: The Maximum Trade Value is equal to the cash and cash equivalents plus the LMV times 2 minus the LMV plus/minus any pending activities.
Restricted Margin Account: Assuming there is no outstanding margin call, the Maximum Trade Value is equal to the lower of your SMA or FME plus cash and cash equivalents plus/minus any pending activities divided by the appropriate margin requirement of the specific product. If your SMA is lower than your FME, then the Regulation T requirement is used to calculate your maximum trade value. If the FME is lower than SMA, then the maintenance requirement is used to calculate your maximum trade value.
Notes: If there is an existing margin call in the account, the greater of the Reg T call/maintenance call would be used instead of SMA/FME in the above calculation.
For opening orders involving Market orders, the Total Maximum Trade calculated will be multiplied by 95% for Restricted Margin Accounts. Therefore, the maximum trade value displayed on the Available Funds Screen will be decreased by 5% and will block orders that exceed this value.
Unrestricted Margin Cash/account: The Maximum Trade Value is based on your FME plus cash and cash equivalents plus/minus any pending activities divided by the maintenance requirement of the specific product.
Industry:Financial services
Fund invests 65% of the portfolio in equity securities of domestic and foreign companies engaged in the real estate industry.
Industry:Financial services
The number of options associated with a particular activity in your employee Stock Option Plan recordkeeping account.
Industry:Financial services
A measure of the size of the companies in which a fund invests. A company's market capitalization is the total value of its outstanding shares, calculated by multiplying its share price by its number of outstanding shares. A fund's median market capitalization indicates that half of the companies in the fund have a market capitalization larger than this number, and half have a market capitalization that is smaller.
Industry:Financial services
Tells the user the real time account quantity for a specific account number. This number includes close of business plus all intraday activity. Some examples of intraday activities are executed buy or sell orders, plus any security JE that hit the account that day.
Industry:Financial services
Represents the number of SARs (Stock Appreciation Rights) associated with activity in your employee Stock Option Plan recordkeeping account.
Industry:Financial services
Designates the real time underlying equity quantity for the option in a specific account. This number includes close of business quantity plus all intraday activity. Some examples of intraday activities are executed buy or sell orders.
Industry:Financial services
Represents the number of shares associated with activity in your employee Stock Option Plan recordkeeping account.
Industry:Financial services
Debt securities issued by investment grade companies that have maturities of at least one year, but not more than 10 years. This is different from conventional bonds that can be offered continuously, without the costly, time-consuming process required for a formal underwriting of bonds.
Industry:Financial services
