What is my portfolio worth; is it the ending settled cash or the ending cash value? What is the difference between both and is there a formula to figure out how we derive one from the other? Thanks
Your statement values reflect the real value of your account as if all transactions are completed in real time. The settlement values take into account that there's a lag between when you execute a trade and when the cash exchanges hands. For instance, U.S. stock sales have a 3 day settlement period. Sell a security on Monday and you won't have the cash in your acccount until Thursday. The settlement values don't have much meaning except in special situations (e.g. can't withdraw cash until after settlement).