Jump to content
  • 0

Minus figure in available to deal

Question

I currently am small long an ETC. It is in profit but my screen is showing a minus number in finds and the same minus number in available to deal, why is this?

Share this post


Link to post

11 answers to this question

Recommended Posts

  • 0
1 hour ago, Parkerman said:

I currently am small long an ETC. It is in profit but my screen is showing a minus number in finds and the same minus number in available to deal, why is this?

the available to deal figure is the amount left to use for new trades after the amount of margin used on the initial trade has been subtracted from the total.

Share this post


Link to post
  • 0
14 hours ago, Parkerman said:

Thanks Caseynotes, this applies to cash positions?

yes that's right, all leveraged positions cash and futures.

Share this post


Link to post
  • 0
5 minutes ago, Parkerman said:

but I'm not leveraged?

 

ok, if you are on the Share Dealing account then unsettled transactions will not show in your account total until settlement when they will then show as available for new trades.

Share this post


Link to post
  • 0

Ah, until I square the position you mean? I bought the securities quite some time back so they've settled already

Share this post


Link to post
  • 0
10 minutes ago, Parkerman said:

Ah, until I square the position you mean? I bought the securities quite some time back so they've settled already

there is a short video on this page linked below on the share dealing platform which shows the headers 'available to withdraw' and 'available to deal' which has a dropdown box which gives more info.

https://www.ig.com/uk/help-and-support/investments/share-dealing-and-isas/how-do-i-use-the-share-dealing-platform

 

  • Like 1

Share this post


Link to post
  • 0
1 minute ago, Parkerman said:

Many thanks

no problem, but what was it? 'reserved' amount?

Share this post


Link to post
  • 0

"Cash held for current working orders, including closing commission", yes reserved.

 

Share this post


Link to post
  • 0
1 minute ago, Parkerman said:

"Cash held for current working orders, including closing commission", yes reserved.

 

👍

Share this post


Link to post

Join the conversation

You are posting as a guest. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
You are posting as a guest. If you have an account, please sign in.
Answer this question...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


×
×