How do I read the Account details?

Cash Balance: The current value of the cash funds in you account.

 

Transactions not booked: Trades, commissions etc. that have not yet been booked. For example trades executed today, will be booked the next business day.

Cash: The sum of Cash Balance and Transactions not booked.

Value of stocks, ETFs, bonds, funds: Current value of stocks, ETFs, bonds, funds.

Value of options: Current value of listed options, CFD options and FX options.

 

P/L of margin positions: The unrealised profit/loss on your positions in margin based products.

 

Cost to close: The cost of closing your positions, e.g. commissions and trading fees.

 

Value of positions: The sum of Value of stocks, ETFs, bonds, funds, Value of options, P/L of margin positions and Cost to close (commissions and fees). 

 

 

The European Securities and Markets Authority (ESMA) had a New regulatory requirement and introduced the concept of Initial Margin and Maintenance Margin for FX and CFDs.

 

Initial Margin and Maintenance Margin details can be viewed under Margin section, please see more below.

 

Not available as Margin collateral: A percentage of your current investments in cash instruments (stocks, bonds, ETFs, funds) may be available as margin collateral. This line states the amount that is not available as margin collateral. Example: if you have bought a share which offers a 75% collateral value, then the 25% of that share's current market value that is not available as margin collateral will be deducted here.

 

Initial margin reserved: Aggregate initial margin requirement for all open positions.

 

Initial margin available: Funds available for opening new margin positions.

 

Maintenance margin reserved: Aggregate maintenance margin requirement for all open positions.

 

Maintenance margin available: Funds available for maintaining current margin positions.

Margin utilization: The percentage of the available funds reserved for maintaining margin positions.

Use of cash positions for margin trading: Saxo Bank allows a percentage of the investment in certain Stocks, ETFs and Bonds to be used as collateral for margin trading activities.

Cash available: The cash available for withdrawal or for buying cash products (stocks, bonds, funds, options). This is how 'Cash available' is calculated: What is 'Cash available'?

 

Net exposure: The Net Exposure is the sum of the nominal value of the customer’s current positions converted into the base currency of the customer’s account. For Forex, this is the total value of all the customer’s forex positions converted to the base currency of the customer’s account.

Exposure coverage: The percentage of the exposure covered by Account Value minus Not available as margin collateral.