BalanceDescriptionUpdate FrequencyCash Available to TradeThe amount available to purchase securities in a Cash account without adding money to the account. Executed Buy orders will reduce this value unsettled trades have settled the time the order is placed), and executed Sell orders will increase this value (at traes time the order executes).IntradayCash (Core)Account settlement position for trade activity and money movement, including core and other eligible additional Fidelity money markets.
In certain circumstances, cash credits may not be swept to your core account. BackUnderlying MoveThe percentage by which you believe the underlying equity or index will move during the life of the options. Havs means if you sell a stock, the proceeds will be unsettled funds until the third business day after the sale date.You can use those unsettled funds to make a new purchase. BUT you can not sell the newly purchased stock until the funds used for knsettled purchase have unsettled trades have settled.
Since your broker is required by the SEC to settle within 3 days, he may require you to make an additional deposit to cover it, charge a fee or interest, or even sell your stocks. If you choose to cover the amount due by selling a different security, the sale must occur on or before the purchase date to avoid a liquidation violation.
For the best experience, please update your browser with the latest version. Thank you for visiting Scottrade.com. We have implemented a Skip to Main Content link and improved the heading structure of our site to aid in navigation with a screen reader. We are consistently making improvements to the accessibility of our site. Regulation T FAQFederal Reserve Regulation T, commonly called Reg T, governs how trades are paid for.
Cash Account BalanceOnce you are logged into your account, click the My Account tab at the top to see your balance information. Following is an example of what a cash account might look like:Notice that there are tradse separate tabs on your balances report in the graphic shown here. The Balance Summary tab provides a high-le.
Settled have unsettled trades