1. Market Value
The total market value of all securities in your account.
2. Long Positions MV
The total market value of all long positions in your account.
3. Short Positions MV
The total market value of all short positions in your account, calculated as a negative amount in the securities market value.
4. Funds on Hold
Funds may be placed on hold for reasons such as:
5. Cash Withdrawable
Cash Withdrawable refers to the funds that have settled and can be directly withdrawn to your linked bank account.
6. Max Withdrawable
The sum of your cash balance and the amount available for margin financing in your account.
7. Cash Buying Power (Cash BP)
Represents the maximum amount available for trading without using margin financing. Cash BP may be less than or equal to the cash amount in your account.
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When Cash BP is less than the cash amount: Cash BP may be lower than your cash balance in the following situations:
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Funds on Hold: Funds may be placed on hold for several reasons, including:
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Open orders being processed
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Unsettled fees
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Pending currency exchange requests
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Unsettled interest charges
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Frozen amounts for IPO subscriptions
To view funds on hold, go to the Accounts tab, select your account, and check the account details page.
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Account Deficit: A deficit in one currency can reduce your cash buying power in another. For example, if you have a deficit in USD but hold cash in CAD, your actual cash buying power in CAD will be less than your cash amount in CAD.
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Short Options Positions: When selling short options, you receive a cash premium, but a larger amount is held as margin. This reduces your Cash BP below your actual cash balance.
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When Cash BP equals the cash amount: In all other situations, your Cash BP equals the cash amount in your account.
8. Max Buying Power (Max BP)
Represents the maximum amount available for opening leveraged positions in your account, based on the margin requirements for your current holdings.
9. Risk Status
10. Leverage Ratio
Leverage Ratio is a risk indicator calculated as:
Leverage Ratio = Total Absolute Market Value of Portfolio / Net Assets
A higher leverage ratio indicates higher portfolio risk.
11. Excess Liquidity
The amount of funds in your account above the minimum required to maintain your current positions. If excess liquidity falls below zero, you no longer meet margin requirements. In this case, Moomoo Canada may liquidate some or all of your positions at any time, depending on market conditions.
12. Initial Margin
The minimum amount of funds required to open a new position. It is calculated as:
Initial Margin = Market Value × Initial Margin Ratio
If your ELV falls below the initial margin requirement for your holdings, your account status will be "Moderate", and you will not be able to open new positions.
13. Maintenance Margin
The minimum equity required to maintain open positions. It is calculated as:
Maintenance Margin = Market Value × Maintenance Margin Ratio
If your ELV falls below the maintenance margin requirement for your holdings, your account status will be "Margin Call". You will need to promptly deposit additional funds or close positions to ensure your ELV meets or exceeds the maintenance margin requirement.
