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Re: Transaction Details ?
Thank you,
This is the information currently available to me.
Ah, I forgot to mention you account was based on GBP and exchange rate at the time was 0.514 USD-GBP. The transaction detail i mentioned above is all in GBP too.
The competition is over and all securities liquidated.
-Account Balances-
Available Cash £12,580,029.86
Credit Balance £0.00
Loan Balance £0.00
Interest Earned £6,528.97
Interest Charged £0.00
Buying Power £8,209,511.93 (initially this was 20 mil)
Portfolio Value £12,580,029.86 (initially this was 10 mil)
-Market Data-
Market Value of Long £0.00
Market Value of Short 0.00
Margin Requirement £8,475,273.90
-Margin Requirements
The margin requirement for equity(I think it includes futures too) purchases and short sales is 50%. This means that for equity purchases you can borrow up to 50% of the total cost. For short sales, you must deposit an amount equal to 50% of the current market value of your short positions.
Thank you.
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