1.Cash and Stock Balance?
• Can I withdraw the cash or stock in my updated balance?
No, you can only withdraw the amount of cash or stock from the available balance, which is the actual amount that is in your account after settlement. You can check your available balance by clicking "Settlement" and then select "fund withdrawal". The available balance will be displayed on screen.
• When can the cheque balance be used?
For cheque balance can be used only when the cheque is cleared.
• Cash and Stock Balance - Glossary
Updated cash balance
The net cash balance that is calculated based on your cash deposit and up to date executed transactions at day T.
Available cash balance
The net cash balance that is calculated based on your cash deposit and the transactions that are settled.
The balance that you deposited by cheque and pended for clearing. Once the cheque is cleared, the balance will be added to your available balance.
Updated stock balance
The net stock balance that is calculated based on your stock deposit and up to date executed transactions at day T.
Held stock balance
Upon sending an sell order / stock withdrawal notice, the amount of stock will be held from the updated stock balance in order to make sure no short selling of stock is allowed.