What does "Purchasing power" mean in order placement?

Q: What does "Purchasing power" mean in order placement?

[vc_row][vc_column][vc_column_text]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).[/vc_column_text][/vc_column][/vc_row]

Q: What does "Purchasing power" mean in order placement?

[vc_row][vc_column][vc_column_text]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).[/vc_column_text][/vc_column][/vc_row]