Total cash value + stock value + securities options value + bond value + fund value.
If you have a cash account, EWL will reflect Settled Cash. If you have a Margin account, EWL will reflect Total cash value + stock value + bond value + fund value + European & Asian options value.
Marginable Equity with Loan Value as of 16:00 ET the previous day.
A special account associated with a Reg T Margin account that is maintained for the purpose of applying Federal Regulation T initial margin requirements at the end of the trading day. It reflects a line of credit created when the market value of securities in a Reg. T account increase in value. If this values falls below zero in a Reg T margin account at the end of the trading day (10 minutes prior to market close), positions will be liquidated.
Long Stock Value + Short Stock Value + Long Option Value + Short Option Value + Fund Value.
Negative cash balance reflects a borrowed amount on margin.
Settled Cash reflects Cash recognized at the time of settlement – purchases at the time of trade – commissions – taxes – fees.
For stock trades, the settlement period is Trade date + 3 business days. For option and currency exchange trades, the settlement period is Trade date + 1 business day.
Interest that has accumulated but has not been paid or charged.
Dividends in Lieu that must be paid by the holder of a short position.
Equity with Loan Value – Initial margin. This value tells what you have available for trading.
This value shows your margin cushion, before liquidation. Excess Liquidity = Equity with Loan Value – Maintenance margin.
In a Cash account, it is calculated as the minimum of (Equity with Loan Value, Previous Day Equity with Loan Value) – Initial Margin. In a Reg T Margin account, it is calculated as the Minimum (Equity with Loan Value, Previous Day Equity with Loan Value) – Initial Margin * 4.
Calculated as Gross Position Value / Net Liquidation.