Securities on Deposit (Balances Row)

The value of special securities that are deposited by the customer with the clearing firm for the sole purpose of increasing purchasing power in their trading account. This number will be reset daily by the account balances clearing file. The entire value of this field will increase purchasing power.

Example

• If a new account is opened with $10,000, the account will have $10,000 in purchasing power.

• If the customer deposits $5,000 in securities, the purchasing power for the next day (after the clearing file is processed) is expected to be $15,000.