Questins on IB (Interactive Brokers) account statement?

Discussion in 'Professional Trading' started by dabao91, Oct 4, 2007.

  1. dabao91

    dabao91

    In IB (Interactive Brokers) monthly statemnet, What are the differens between "Ending Cash" and "Ending Settled Cash"?

    My account only have NQ (future). No stock, no SSF, nothing, but NQ and CASH.

    I just received IB monthly statement. The following numbers are examples just to show my questions.

    In "Total Cash and Accruals Summary" section, I saw:
    --- Ending Cash: $5,927 + $0 = $5,927
    --- Ending Settled Cash: $5,927 + $70 = $5,997 ($70 is in future).

    In "Total Equity Summary" section, I saw:
    --- the cash value is set to $5,927 which is the value of "Ending Cash" (see above).

    QUESTION 1: Where is that extra $70 come from?
    I though for future trading,
    it is always mark-to-mark and settled at the evening (after market close),
    so "Ending Cash" and "Ending Settled Cash" should be the same.


    QUESTION 2: In "Total Equity Summary" section, the cash value is set to $5,927 (Ending Cash).
    why it is not set to $5,997 which is the value of "Ending Cash" (see above)?
    Where the above $70 go?

    For those who have IB account and trade only future (NQ, etc) may have similar situations.
    What is your understand?