Stock

Margin

A

What does “Purchasing power” mean in order placement?

It refers to the maximum money an investor can use for buying securities at a given time. It is calculated as follows:

Purchasing power = Cash + Proceeds from unsettled sales

Where: Cash is in the regular sub-account.

Proceeds from unsettled sales are sale proceeds not yet settled in the account for T+2 days (after deducting advance payment fees).