What's trade preview (Estimated)

Trade Preview (Estimated) can estimate the changes of ELV (Equity with Loan Value), IM (Initial Margin) and MM (Maintenance Margin) after the order is filled. Estimations are based on quantity, direction, price, quotes, and assets. They are displayed in the trading currency. Please refer to the details below:

1. Indicators

● Direction: Choose Buy or Sell to view the estimated changes.

● Current: The current account values.

● Post-trade: The anticipated account values after the order is filled according to its direction and quantity.

● Change: The difference between the current values and values after the order is filled.

2. Estimations

● ELV (Equity with Loan Value): The reference to evaluate the account risk level. NLV is the sum of cash, the market value of the securities.

● IM (Initial Margin): The amount of margin reserved for margin trading. When the initial margin requirement is greater than the net liquidation value, the buying power will be used up, and clients won't be able to open a new position.

● MM (Maintenance Margin): The minimum margin reserved to prevent a forced liquidation. When the maintenance margin requirement is greater than the net liquidation value, the account will be liquidated immediately.

Please note: Quotes and assets may change from time to time. There is no guarantee that estimations will be equal to actual changes. Estimations are for reference only, and moomoo CA shall not be responsible or liable for any loss incurred by Trade Preview (Estimated).