User Guide
CHAPTER 1
CHAPTER 2
CHAPTER 3
CHAPTER 4
CHAPTER 5
CHAPTER 6
CHAPTER 7
CHAPTER 8
CHAPTER 9
Table of Contents
How This Manual Is Organized:
Quick Guide, Specific Tasks, and Menus 1
Are You and Your Computer Ready for Power E*TRADE Pro? 2
Downloading/Installing the Software 4
Starting the Software 8
General Overview: How to Use Power E*TRADE Pro and Avoid Problems 15
Quick Guide: Ways You Can Quickly Use This Software 27
Tracking Your Accounts: See Your Total Equity, Debit Balance and Cash and Margin Buying Power in Real Time (Account Balances, Buying Power) 58
Seeing Real-Time Details on Your Account Positions (Watch List, Positions) 65
CHAPTER 10
CHAPTER 11
CHAPTER 12
CHAPTER 13
CHAPTER 14
CHAPTER 15
CHAPTER 16
CHAPTER 17
CHAPTER 18
Viewing Real-Time Charts 91
Seeing Streaming Nasdaq Level II Quotes (Level II View) 118
Entering and Routing Your Orders (The Order Entry Window) 132
Seeing Real-Time Order Status (Order Status View) 159
Seeing Real-Time or Historical Displays of Bids, Asks and Trades (Time & Sales View) 166
Setting Up and Getting Alerts (Alerts View) 178
The High/Low and Market Data Tickers 185
Layouts: How You Want Your Power E*TRADE Pro Screen to Look 190
CHAPTER 19
CHAPTER 20
CHAPTER 21
CHAPTER 22
CHAPTER 23
CHAPTER 24
Using Virtual Desktops to Leverage Your Layout 214
File Menu 216
New Menu 232
View Menu 258
Utilities Menu 261
How This Manual Is Organized:
Quick Guide, Specific Tasks, and Menus
There are three ways you can start using Power E*TRADE Pro.
1. Use the quick guide (see Chapter 6) and worry about the details and more sophisticated techniques later.
2. Concentrate on accomplishing a specific task. (See Chapters 7 – 19) 3. Use the menus to get things done. (See Chapters 20-24)
This manual is organized around each of these methods so you can find what you’re looking for according to the way you want to use Power E*TRADE Pro.
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Chapter
2
Chapter
P O W E R E * T R A D E P R O U S E R G U I D E
Are You and Your Computer
Ready for Power E*TRADE Pro?
Topics covered in this chapter:
Quick overview of the requirements
Are you eligible to use Power E*TRADE Pro? How do you sign up for Power E*TRADE Pro?
Will your computer be able to run Power E*TRADE Pro?
Quick overview of the requirements
To install Power E*TRADE Pro on your computer, you need to:
Be or enroll as a Power E*TRADE customer
Have a computer that meets the minimum requirements
Call 1-888-388-2900 to have Power E*TRADE Pro activated for your account Download and install the software
Are you eligible for Power E*TRADE?
You need to make at least 27 trades in a calendar quarter to qualify for Power E*TRADE. As long as you continue to make at least 27 trades each quarter, you’ll qualify for the following quarter. We review your eligibility each quarter, so if you do not qualify one quarter, you may the next.
Make 27 trades at E*TRADE Securities …And you’ll qualify for in this quarter Power E*TRADE during
January 1 – March 31 April 1 – June 30
July 1 – September 30 October 1 – December 31 October 1 – December 31 January 1 – March 31
How do you sign up for Power E*TRADE Pro?
All Power E*TRADE customers are eligible for Power E*TRADE Pro.
If you’re already in the Power E*TRADE program, call 1-888-388-2900 and then press 2. A Power E*TRADE customer representative will assist you.
If you’re not yet in the Power E*TRADE program, call 1-800-786-2575 and then press 2 to enroll. Be sure to tell the representative that you’re interested in Power E*TRADE Pro.
Will your computer be able to run Power E*TRADE Pro?
The minimum requirements to run Power E*TRADE Pro are:
PC with 400 MHz (or higher) Intel Pentium processor
Microsoft Windows 98/2000/XP/NT 4.0 (service pack 4 or higher)
Minimum 128 MB of RAM with at least 64 MB available while running Power E*TRADE
Pro
8 MB video card capable of supporting 1024x768 resolution with 256 colors
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P O W E R E * T R A D E P R O U S E R G U I D E
Downloading/Installing the Software
Topics covered in this chapter:
Before you start to download and install the software Firewalls with a time-out feature that’s set
Installing Power E*TRADE Pro on more than one computer Need help downloading/installing the software?
Downloading and installing the software Starting the software after installation
Desktop icons created as part of the installation Uninstalling Power E*TRADE Pro
Before you start to download and install the software
Before you download and install the software, close all other programs on your computer.
Firewalls with a time-out feature that’s set
If you are behind a firewall (either one you’ve set up, or one at your workplace) and a time-out feature has been set, we recommend that you call 1-888-388-2900, press 2 and speak with one of our specially-trained Power E*TRADE representatives.
Installing Power E*TRADE Pro on more than one computer
You may use more than one computer to handle your Power E*TRADE Pro investments. To use Power E*TRADE Pro from a computer, you first need to install it on that computer. So, for example, if you use both a desktop and a laptop, you’ll need to complete the download/ installation of the Power E*TRADE Pro software on both of your computers.
Need help downloading/installing the software?
We’ve made the downloading/installation process as painless as possible.
Downloading and installing the software
You’ll actually be installing two software applications—Power E*TRADE Pro and Java Web Start—in the same steps.
Java Web Start ensures that you are using the most current version of Power E*TRADE Pro every time you log on. It works by comparing the version on your computer with the version on our servers and updates your software automatically if necessary.
The Power E*TRADE Pro program you’re installing on your computer works via your Internet connection to access your Power E*TRADE Pro account data as well as market and historical information.
To download and install the software:
1. Go to etrade.com, type in your username and your password, select your country and language
and click LOG ON.
2. Click the Investing tab.
3. Click the Power E*TRADE tab on the menu below the Investing tab, and you will be taken to
the Power E*TRADE home page.
4. Click the Download Power E*TRADE Pro button, located in the middle of the page.
The install shield will guide you through the downloading and installation process. The computer gives you this message:
5. Click Save to save the file to your computer.
6. When you reach the Java Web Start Setup window, read the Java Web Start license agreement.
You must accept this agreement in order to use the product.
If you agree to the license, click Accept. (You may choose Decline, but this will abort the installation process.)
7. The Log On window will appear. Type in your username and password (use the same username/
password you use to login to your account via etrade.com). Click OK to launch Power E*TRADE Pro.
Starting the software after installation
Once you have installed the software, you’ll start the software from the E*TRADE Pro desktop icon or using the Start menu. You do not start it from the E*TRADE Financial Web site.
Desktop icons created as part of the installation
to start the program.
The Java Web Start icon
You won’t need to do anything with this icon.
Data folder icon
This folder is used primarily by the program to store saved layout pages.
Logs folder icon
This folder keeps track of messages sent by you to E*TRADE and from the Power E*TRADE Pro program to you. It’s mostly used if you need to call in to report a problem. You may be asked to send this folder to E*TRADE.
Uninstalling Power E*TRADE Pro
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Starting the Software
Topics covered in this chapter:
Mouse commands used in this manual
Choice of two ways to start (load) the software The screens you see during the start process
What the Power E*TRADE Pro main screen looks like Reducing the size of the main screen
Description of the main screen Exiting Power E*TRADE Pro
Mouse commands used in this manual
“Click” always refers to a single left-click of your mouse.
If a right-click is required, you’ll see “right-click.”
If a double left-click of your mouse is required, you’ll see “double-click.”
TIP: Some windows (screen views) have features that are accessible only through a pop-up
menu. To see that menu, you need to right-click inside the bottom portion of the window
(screen view)—not in the bottom portion of the main screen. Choice of two ways to start (load) the software
1. Desktop icon
Go to the desktop of your computer.
Double-click the Power E*TRADE Pro icon and the program will load.
If you’re not already at your desktop and have other programs on your screen, minimize each program with a click on the Minimize button at the top right corner of a program window until you see your desktop.
2. Start button
Alternatively, you can use the Windows Start button. There are three steps:
1. Click Start. 2. Click Programs.
3. Click Power E*TRADE Pro. This will launch the program.
The start process
TIP: The screen then goes blank for a short period of time until the
login screen appears.
To log into Power E*TRADE Pro,
Your information will be authenticated to make sure you’re authorized to access the Power E*TRADE Pro account.
The Power E*TRADE Pro title screen appears as shown below:
The next screen is the Power E*TRADE Pro main screen, which is shown below and described in detail later in this chapter.
What the Power E*TRADE Pro main screen looks like
Reducing the size of the main screen
There are three steps to reduce the size of the Power E*TRADE Pro main screen:
1. Place your cursor in the lower left-hand corner of the Power E*TRADE Pro screen (see the
arrow above).
2. Move the cursor around until it changes into a two-sided arrow.
3. Drag the two-sided arrow up and to the right around the screen until the Power E*TRADE
Pro screen is the size and in the location you want and then release the mouse button.
Description of what’s on the main screen
Working from the top of the screen to the bottom and from the left to the right side, here’s what you see on the main screen:
Control menu icon (E*TRADE logo)
Title Bar
The blue stripe across the top of the screen lists the name of the screen layout that’s on the screen.
Windows Buttons (Minimize, Maximize, Close)
These buttons are for shrinking, enlarging, and closing a window.
Account ID
You may have more than one Power E*TRADE Pro account. Next to the account number that’s already on the screen, you can click the down arrow to find your other account(s). Once you’ve located the account you want to see, click on its number to select it.
Cash Buying Power
If the Power option on the View menu is toggled on, then the amount of your cash buying power will appear to the right of the account ID. You can toggle this feature on and off, according to your preference.
TIP: Buying Power and View have underlined letters because there is a keyboard alternative
to using your mouse to access menus and commands. You could press and hold the ALT key, then tap once the letters that are underlined (e.g., the “v” in View or the “b” in Buying Power) and release the ALT key and the letter. You don’t need to type an uppercase letter.
Margin Buying Power
If the Buying Power option on the View menu is toggled on, then the amount of your margin buying power will appear to the right of the account ID. You can toggle this feature on and off, according to your preference.
Main menu
Shows the five main menu options (File, New, View, Utilities and Help). Each of these menus has its own drop-down menu..
Toolbar (with icons)
The Toolbar has 13 icons (graphic images) running down the left side of the screen. The top icon is the Save Current Layout icon (it looks like a floppy disk).
The Toolbar icons duplicate some of the functions accessible from Power E*TRADE Pro menus. Icons can be quicker to use since they’re accessible right on the screen .
To find out what an icon on the Toolbar will do, place the mouse pointer over an icon (don’t click the mouse). The name of the icon will pop up on the screen and that name will give you an indication of the purpose of the icon.
Order Entry window
Power indicators
Call E*TRADE Financial if these turn red. Green is the “on” position.
Virtual desktops
You can save up to four sets of screen views in a layout file using the virtual desktop feature. Then you can quickly switch among the different layouts just by clicking on the different virtual desktops (#1, 2, 3 or 4). For more information, see Using Virtual Desktops to Leverage Your Layouts in Chapter 201.
Clock
Shows the current time.
Exiting Power E*TRADE Pro
To exit the program,
1. Click the Close button (the X) in the upper-right hand corner of the screen.
or
2. Click File on the Power E*TRADE Pro main menu.
Choose Exit.
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General Overview:
How to Use Power E*TRADE Pro and
Avoid Problems
Topics covered in this chapter:
What you can accomplish with this program
Three different ways you can get things done with this program Mouse commands used in this manual
How to search for a security’s symbol
Use your mouse to access all the program features Navigating menus
Icons on the Toolbar
Reducing the size of the main screen Finding your way around the main screen
Right-click on certain windows (screen views) for extra menus Using keyboard alternatives
Windows are screen views Directories are folders Dialog boxes
Linking different screen views together Layouts
Using virtual desktops to leverage saved layouts How to adjust the size of a window
How to move/reposition a window Where not to place a window Tiled vs. cascading windows
Minimizing, maximizing and closing windows Getting help with Power E*TRADE Pro Exiting Power E*TRADE Pro
What you can accomplish with this program
Keep track of your accounts and buying power in real time See dynamic, detailed account positions
Customize your watch lists and get detailed information on individual stocks in real time View real-time charts
See streaming Nasdaq Level II quotes
Link different screen views together (this is one of the most powerful features of Pro—see
Chapter 18, Linking Watch List, Charts and Views)
Enter your order easily and quickly, and specify your order routing See live order status
See real time or historical displays of bids, asks and trades Set and see alerts
Save layouts
See multiple layouts in one saved file (see Chapter 19, Using Virtual Desktops to Leverage Your Layouts)
Print screens
Three different ways you can get things done with this program
You can:
1. Use the quick guide (Chapter 6) and worry about the details and more sophisticated techniques later. 2. Concentrate on accomplishing a specific task (Chapters 7 through 19).
3. Use the menus to get things done (Chapters 20 through 24).
This manual is organized along each of these ways so you can use the program the way you like to work.
TIP: The most detailed information about a topic is found in the How to Do Specific
Tasks chapters 7 through 19. However, keep reading Chapter 5 so you’ll become familiar with features that apply no matter how you work in this program.
Mouse commands used in this manual
Click always refers to a single left-click of your mouse. If a right-click is required, you’ll see “right-click.”
If a double left-click of your mouse is required, you’ll see “double-click.”
TIP: Some windows (screen views) have features that are accessible only through a
pop-up menu. To see that menu, you’ll need to right-click inside the bottom portion of the
window (screen view)—not just in the bottom portion of the main screen. To see sample
screen views with arrows illustrating this point, see Right-click on certain windows (screen views) for extra menus below.
1. Click File.
2. Click Save Layout.
You are being asked to:
First, click on the File menu option. Then click on the Save Layout menu option.
Where you can do the same steps with your keyboard and without a mouse, you press and hold the ALT key and then tap the underlined letter key (the “F” in File—lower case letters are fine with these keyboard combinations—and the “S” in Save Layout) and then release all keys. Sometimes the SHIFT key is indicated instead of the ALT key.
How to search for a security’s symbol
There are five steps:
1. Click Utilities on the Power E*TRADE Pro main menu.
2. Click Symbol Search on the Utilities drop-down menu (as shown below).
3. Type the name of the company (e.g., General Electric Co) in the box below Symbol Lookup.
4. Click Find (don’t click OK, or the dialog box will disappear).
The screen will display the results of the search as shown below:
Type the name of the company you want to search for. Click Find.
Repeat these steps as needed.
5. Once you’ve found all the symbols you want to locate:
Click OK. or
Click the Close button (X in the upper right-hand corner) in the Find Symbol dialog box. The Find Symbol dialog box will disappear from your screen.
Use your mouse to access all the program features
Some menus are only accessible through a right-click—there is no keyboard alternative.
Navigating menus
For more detailed information on menus, see Using menus (Chapters 20 to 24).
Icons on the Toolbar
Icons are a quick way of accessing program features. You just click on the graphic icon and up pops the result on the screen.
Although icons are available for many of the program features, they aren’t present for every single one. That’s where menus come in. Power E*TRADE Pro uses drop-down menus and pop-up menus you can access via mouse clicks or, for the most part, via keyboard commands.
Reducing the size of the main screen
See Chapter 4, Reducing the size of the main screen.
Finding your way around the main screen
See Chapter 4, Description of what’s on the main screen.
Right-click on certain windows (screen views) for extra menus
Some windows (screen views) have features that are accessible only through using a right-click with your mouse.
To see if a window has a right-click, pop-up menu:
Right-click inside the bottom portion of the window (screen view).
Then, if a menu pops up: Click a menu choice.
Using the keyboard alternative
You may prefer to use keystrokes instead of mouse clicks to select your choices. In general, you can access most program menus and commands with the keystrokes.
You use keyboard commands by pressing and holding the ALT key, then tapping once the letter that’s underlined (e.g., the “F” in File) and releasing both keys. You don’t need to type an
uppercase letter.
TIP: With some keyboard combinations, you’ll press and hold the SHIFT key instead
of the ALT key—you’ll see that noted by a menu option where it applies.
Windows are screen views
In this manual, the terms “windows” and “screen views” are used interchangeably.
Directories are folders
Dialog boxes
Dialog boxes give you options to fill in information (e.g, a security’s symbol) and/or to select an option (view top 10 largest percentage gainers that day).
Below is the Watch List dialog box where you can fill in a security’s symbol to be watched, view your account positions or see the top ten performers that day in various categories.
Linking different screen views together
You can use the link feature to create and select groups of views that are linked together by their symbols. This is an important program feature. A security symbol change in one is applied to other views linked to it. Currently, you can link Chart, Watch List, Time & Sales, and Level II views. See Linking Watch Lists, Charts and Views in Chapter 18.
Layouts
Layouts are worthy of a chapter of their own and they have one—see Chapter 17, Layouts—How You Want Your Power E*TRADE Pro Screen to Look.
A layout is the Power E*TRADE views (windows) on your computer screen. You can have one or more screen views (e.g., Accounts Balances, Level II view, Time & Sales view and so on) on the screen at one time.
If you put view(s) on the screen, you can use those views without saving them as long as you don’t call up another layout or exit the program.
If you save those views, the saved filed is called a layout in Power E*TRADE Pro. When you know that you’ll want the same screen views again, save them as layouts so you don’t reinvent the wheel each day.
Besides the Order Entry window that’s always on the screen, Power E*TRADE Pro gives you the flexibility to decide what additional information you want on the main screen.
You can set up many different layouts if you want to view information in different ways. For example, you might want to have one layout that just shows your account balances and the order entry window. Or, you might want to have another layout that shows a Level II view for several stocks that you can quickly switch between.
Using virtual desktops to leverage saved layouts
For more information, see Using Virtual Desktops to Leverage Your Layouts in Chapter 19.
How to adjust the size of a window
There are three steps:
1. Place your cursor in one of corners of the windows you want to resize.
TIP: You cannot resize two of the windows—the Order Entry window and the
Account Balances window.
2. Move the cursor around until it changes into a sided arrow (if it doesn’t change into a
two-sided arrow, the window can’t be resized).
3. Move the two-sided arrow until the window is the size you want and release the mouse button. How to move/reposition a window
You may want to change where windows appear on the screen. There are four steps:
1. Click anywhere on the Title Bar (the horizontal strip running across the whole
window where the name of the window is shown—see the arrow on the Title Bar of the Order Entry window shown below).
3. Drag the window to the desired location. 4. Let go of the mouse button.
The window will move to the place you chose.
Where not to place a window
Leave a space at the bottom of the main screen. If you place windows in that spot, you may not be able to see the icons for windows that have been minimized.
Tiled vs. cascading windows
Windows can be set side-by-side (tiled), on top of one another (cascading) or a combination of the two. To see examples, look below at the two tiled windows (Watch List and Time & Sales are side-by-side) and three cascading windows (Order Entry, Order Status and Account Balances are on top of one another).
Generally, tiled windows will work better in Power E*TRADE Pro.
Minimizing, maximizing and closing windows
Any window you open can be minimized and restored; some of the windows can be maximized.
Minimize button
To make a window disappear but not close: Click the Minimize button.
This doesn’t close out the window. The screen just goes down to the bottom of the screen in a taskbar.
To see a window after it has been minimized: Click the Restore button or the Maximize button.
Maximize button
To enlarge a window to a full-screen size: Click the Maximize button
If you want to restore the view to its prior size: Click the Restore button.
Close button
To close a window: Click the Close button.
Getting help with Power E*TRADE Pro
You’ve got tthree choices:
1. Online manual
1. Click Help.
2. Click Power E*TRADE Pro Manual (pdf).
1. Click help.
2. Click Power E*TRADE Pro Help (html)
3. Telephone
Power E*TRADE Pro has technical support experts available 24 hours a day at 1-888-388-2900,
option 2.
Exiting Power E*TRADE Pro
To exit the program,
Click the Close button (the X) in the upper-right hand corner of the screen. or
Click File on the Power E*TRADE Pro main menu. Choose Exit.
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P O W E R E * T R A D E P R O U S E R G U I D E
Quick Guide:
Ways You Can Quickly Use This Software
Topics covered in this chapter:
First, some quick essentials
How to search for security’s symbol Handling multiple accounts
How to keep track of your accounts and buying power in real time How to have your buying power always in view on the screen How to see details in real time on your account positions
How to have a watch list in real time on individual stocks or top 10 performers How to see real-time charts
How to see streaming NASDAQ Level II quotes
How to link and leverage different views, charts and information How to enter your orders and also choose your order routing How to see live order status
How to see real time or historical display of bids, asks and trades How to set up and get alerts
How to use the High/Low Ticker How to use the Market Data Ticker How to use speed keys to create an order How to use layouts
Using virtual desktops to leverage saved layouts Getting help with Power E*TRADE Pro Exiting Power E*TRADE Pro
First, some quick essentials
Two of the most powerful features in the program Mouse commands used in this manual
Finding your way around the main screen
Icons on the Toolbar
Right-click on certain windows (screen views) for extra menus Moving/resizing windows (screen views)
Layouts—saving screen views Directories are folders Dialog boxes
Getting additional general information on how to use the program Before you jump in to use the program, please read the following: Two of the most powerful features in the program
Make sure you become familiar with linking and virtual desktops, How to link and leverage
different views, charts and information and using virtual layouts.
Mouse commands used in this manual
Click always refers to a single left-click of your mouse. If a right-click is required, you’ll see “right-click.”
If a double left-click of your mouse is required, you’ll see “double-click.”
TIP: Some windows (screen views) have features that are accessible only through a pop-up
menu. To see that menu, you’ll need to right-click inside the bottom portion of the window
(screen view)—not just in the bottom portion of the main screen. To see a sample screen view
with an arrow illustr ating this point, see Right-click on certain windows (screen views) for extra menus below.
If you see:
1. Click File.
2. Click Save Layout.
You are being asked to:
First, click on the File menu option. Then click on the Save Layout menu option.
Where you can do the same steps with your keyboard and without a mouse, you press and hold the ALT key and then tap the underlined letter key (the “F” in File—lower case letters are fine with these keyboard combinations—and the “S” in Save Layout) and then release all keys. Sometimes the SHIFT key is indicated instead of the ALT key.
Finding your way around the main screen
The top horizontal row includes the name of the layout (saved screen views) if it has been saved. (Iin the window shown below, it’s called “Untitled” because it hasn’t been saved yet.)
File New View Utilities Help
Each of the Main Menu options has its own drop-down menu.
The next horizontal row has your Account ID number and, if the Buying Power toolbar (found on the View menu or the Buying Power icon on the left side of the screen) is toggled on, you’ll also see your cash buying power and your margin buying power.
If the Toolbar (the Toolbar option on the View drop-down menu) is toggled on, icons are vertically displayed on the left side of the screen.
For more information, see Finding your way around the main screen in Chapter 5.
Mouse clicks give you all the program features
Some menus are only accessible through a right-click—there is no keyboard alternative.
Navigating menus
You can use your mouse or the keyboard. For example, if you click on the File menu or hold
ALT and tap f, nine choices appear.
For more detailed information, see Using menus (Chapters 20 to 24).
Icons on the Toolbar
Icons are a quick way of accessing program features. You just click on the graphic icon and up pops the result on the screen.
This is the icon for the Accounts Balances view.
Although icons are available for many of the program features, they aren’t present for every single one. That’s where menus come in. Power E*TRADE Pro uses drop-down menus you can access via mouse clicks or, for the most part, via keyboard commands.
If you’re not seeing the toolbar icons on the left side of the screen and you want to use the icon feature, you need to toggle the Toolbar feature on.
To turn on the Toolbar:
1. Click View on the main menu.
Right-click on certain windows (screen views) for extra menus
Some windows (screen views) have features that are accessible only through using a right-click with your mouse.
To see if a window has a right-click, pop-up menu:
Right-click inside the bottom portion of the window (screen view). Then, if a menu pops up:
Click a menu choice.
Moving/resizing windows (screen views)
Windows may overlap or hide one another unless you readjust where they appear on the screen. All windows can be moved about the screen and some of them can be resized. For more information, see Chapter 5, How to adjust the size of a window and How to move/reposition a window.
Layouts—saving screen views
In a moment you’ll be clicking away and putting various windows (screen views) on your monitor. If you want to see these views later today or sometime in the future without having to recreate them, you’ll need to save them as a layout (for more information, see Chapter 17, Layouts—How You Want Your Power E*TRADE Pro Screen to Look).
Directories are folders
Some menus and dialog boxes refer to a “directory.” A directory is a folder.
Dialog boxes
Below is the Watch List dialog box where you can choose whether to fill in a security’s symbol to be watched, view your account positions or see the top ten performers that day in various categories.
Getting additional information on how to use the program
For additional general information, see Chapter 5, General Overview on How to Use Power E*TRADE Pro and Avoid Problems.
To get help on specific features, look in the Table of Contents to get answers in three ways:
By the task you want to accomplish Using the menus or
Using the icons.
How to search for a security’s symbol
There are five steps:
1. Click Utilities on the Power E*TRADE Pro main menu and select Symbol Search.
3. Type the name of the company (e.g., General Elec Co) in the box below Symbol Lookup.
4. Click Find (don’t click OK or the dialog box will disappear).
To find symbols for other companies:
Type the name of the company you want to search for in the Symbol Lookup box. Click Find. Repeat these steps as needed.
5. Once you’ve found all the symbols you wanted to look up:
Click OK. or
Click the Close button (X in the upper right-hand corner) in the Find Symbol dialog box. The Find Symbol dialog box will disappear from your screen.
Handling multiple accounts
There are three steps to switch between or among accounts:
1. Click the down arrow next to the account number on the screen. 2. Highlight the account number you want to see.
3. Click that account number.
TIP: If you want more detailed information, look at Chapters 7 through 19 to see how to
accomplish specific tasks.
How to keep track of your accounts and buying power in real -time
With the Account Balances view, you can do two things—monitor your cash and margin buying power and also see your total equity and debit balance as they change in real time.
Either:
1. Click the Show Account Balances view icon on the Toolbar at the left side of the screen.
or
Click New on the main menu.
2. Click Account Balances.
If you want to have your buying power displayed on the main screen even if another window is placed on top of the account balances view, see: How to have your buying power always in view on the screen below.
For more detailed information on accounts balances, see Chapter 7, Tracking Your Accounts: See Your Total Equity, Debit Balance and Cash and Margin Buying Power in Real Time (Account Balances).
How to have your buying power always in view on the screen
You can see, at all times, your buying power in real time by the top of the screen to the right of your account number.
To show or hide your buying power amounts, either:
1. Click the Show/Hide Buying Power Toolbar icon on the Toolbar at the left side of the screen.
or
Click View.
2. Click Buying Power.
How to see details in real time on your account positions
Check all the stock positions held in your account at a glance. Updates are generated dynamically in real time.
There are four steps plus optional fifth and sixth steps:
1. Click the Show Watch List icon on the Toolbar at the left side of the screen.
or
Click New. Click Watch List.
2. Click Positions (click on the radio button—the circle—so the circle has a dot in it). 3. If you need to switch between accounts,
a. Click the down arrow to call up a different account number on the drop-down menu. b. Highlight the account number you want to see.
c. Click on that account. 4. Click OK.
The watch list with your account positions comes up on the screen. You may stop here or you can continue on with these two optional steps:
5. Right-click inside the lower portion of the Positions watch list screen view (not just in the
lower portion of the main screen).
A pop-up menu appears with four choices as shown below:
6. Click on your choices.
Additional screens will pop up and you can make your selections, if desired. You can:
Go back to the Watch List dialog box to display other information on the Watch List Configure your column layout to add or delete columns
Adjust how columns are aligned
Change the fonts and colors that are displayed
For more detailed information on viewing your positions, see Chapter 8, Seeing Real Time Details on Your Account Positions.
How to have a watch list in real time on individual stocks or top 10 performers
Spot your trading opportunities and react quickly. Keep an eye on the stocks not yet in your portfolio or view the top 10 gainers, losers, or high-volume stocks across multiple exchanges. As for keeping an eye on the securities in your Power E*TRADE account, see: How to see details in real time on your account positions.
There are three steps plus an optional fourth step here:
1. Click the Show Watch List icon on the Toolbar at the left side of the screen.
Click New. Click Watch List.
The Watch List dialog box comes up on the screen as shown below:
2. Type in a name for the watch list. 3. You have three choices:
Watch individual securities not in your account Watch securities in your account (your positions) Watch Top 10 performers in various categories
Below are the steps to take for each of these choices. You can access an additional drop-down menu by right-clicking inside a view that comes up on the screen.
(1) Watch individual securities not in your account
There are four steps:
1. Click Watch (click the radio button—the circle—so the circle has a dot in it, if it
doesn’t already).
2. If you know a security’s symbol, then type the symbol you want to watch in the
If you don’t know a security’s symbol, click the Find button to find it.
3. Once you’ve typed in the security’s symbol, click the Add button to the right of
the Find button.
For other securities you want to watch, repeat steps 2 and 3 above.
4. When all the symbols are displayed, click OK. (2) Watch securities in your account (your positions)
There are three steps:
1. Click Positions (click the radio button—the circle—so the circle has a dot in it). 2. If necessary, click the down arrow to locate the account number you want to use. 3. Click OK.
(3) Watch Top 10 performers in various categories
There are four steps:
1. Click Top Ten (click on the radio button—the circle—so the circle has a dot in it). 2. Click on the characteristic you’re interested in (largest % gainers, etc.) from the
drop-down menu.
3. Click on the exchange (e.g., NYSE) from the drop-down menu. 4. Click OK.
For more detailed information on watch lists and positions in your account, see Chapter 8, Seeing Real -Time Details on Your Account Positions.
For more detailed information on watch lists and top 10 performers, see Chapter 9, Setting Up Watch Lists to Get Detailed Information on Individual Stocks and Top 10 Performers in Real Time.
How to see real-time charts
See markets move and spot trends with intraday and historical charts. View up-to-the minute pricing and volume, plus add fully customizable technical studies and indicators.
There are seven steps here plus optional eighth and ninth steps:
Click the Show Charts View icon on the Toolbar at the left side of the screen. or
Click New. Click Chart View.
The Chart Settings menu box appears on the screen as shown below.
You use the Chart Settings dialog box to:
Specify the type of chart
Specify the start and end dates for the chart Specify the time period for the chart Add a technical study to the chart
The Chart Settings window contains these features:
Period: Specifies the time intervals for the chart.
Start Date: The beginning date of the period displayed on the chart.
Chart/Axis/Grid: Can be used to customize the colors of each chart.
Symbol: Enter the symbol/symbols of the chart.
Study: Can be used to view selected studies on a chart.
Chart Type: Candlestick, Bar, High, Low, Open, or Close.
OK: Saves the changes and closes the Chart Setup window.
2. Select the chart time period from the pull-down menu:
Monthly Weekly Daily 30 minute 15 minute 5 minute 3 minute 1 minute
3. Specify the start day(s) and the end date for the chart in the provided fields. Click on the calendar icon for help with selecting dates.
4. Select the colors for the chart’s background color, axis color, and grid color by clicking on the
boxes in the upper right-hand corner.
5. Enter the symbol/symbols
6. (optional): Select a technical study from the pull-down list to be added to the chart. 7. Select the chart type from the pull-down menu (Candlestick, Bar, High-Line, Low-Line,
Open-Line, Close-Line).
8. (optional): Customize the colors for the candlestick, bar or line chart. 9. Click OK.
For more detailed information on charts, see Chapter 10, Viewing Real-Time Charts.
How to see streaming Nasdaq Level II quotes
Get real-time bid and ask data from the major market centers. Multiple Level II quote windows allow you to estimate the depth of the market for several stocks simultaneously.
There are three steps here plus optional fourth and fifth steps:
1. Click the Show Level II View icon on the Toolbar at the
left side of the screen. or
Click New on the Main menu. Click Level II View.
2. Type in the symbol and, if applicable, the broker alert. 3. Click OK.
4. Right-click inside the lower portion of the Level II view (not the lower portion of the opening/
main screen).
A pop-up menu (shown below) appears with nine choices:
5. Make your choices.
For more detailed information on Level II views, see Chapter 11, Seeing Streaming Nasdaq Level II Quotes.
How to link and leverage different views, charts and information
You can use the links feature to create and select groups of views, charts and other information that are linked together by their symbols. A symbol change in one is applied to other views linked to it. Currently, you can link Chart, Watch List, Time & Sales, and Level II views as follows:
Clicking a symbol in the Watch List changes the symbol in the Level II view, the symbol in
the Time & Sales view, and the primary symbol in the Charts view.
Changing the primary symbol in the Charts view changes the symbol in the Time & Sales
and Level II views.
Changing the symbol in the Level II view changes the symbol in the Time & Sales view and
the primary symbol in the Charts view.
Changing the symbol in the Time & Sales view changes the symbol in the Level II view and
There are nine steps to create a link:
1. Place on the screen the information you want to link. 2. Click Utilities on the main menu.
3. Click Links.
The Symbol Link Groups Manager dialog box appears as shown below:
4. In the Groups box, type a name for the group of linked views.
The Symbol Link Groups Manager dialog box contains the following information:
Groups
The names assigned to groups of linked views. You can use the box below the word “Groups” to name a new linked group.
Add
Adds the group in the new group box to the list of linked groups.
Remove
Removes the selected group from the list of linked groups.
Reset All
Removes all groups except the Default group from the list of linked groups.
Available
Add >>
Adds the selected available view to the selected link group.
<< Remove
Removes the selected view from the selected link group.
<< Remove All
Removes all the views from the selected link group.
In Selected Group
The views contained in the selected group (the ones that you chose to link from the Available Group).
OK
Saves any changes to the linked groups and closes this window.
Cancel
Closes this window without saving changes.
Apply
Saves any group changes without closing this window.
5. Click Add.
The new group name moves down and now appears in the group list as shown below (see Link2 in the dialog box).
TIP: You can select more than on view to move at a time. To select a string of views
that are next to one another, hold down the Shift key and click the first and the last views in the string. To select views that are not next to one another, hold down the Ctrl key and click the views you want.
Use the bracketed numbers in the view titles to make sure you are linking the views you want to link.
8. Click Add.
The selected views are moved to the In Selected Group box.
9. Click OK to save the new linked group.
The link will be saved as part of the saved layout on the screen.
How to enter your orders and choose your order routing
Use the Order Entry window (see below) to enter your orders and to route them directly to an ECN (Island, Instinet, or Archipelago) or use E*TRADE Financial’s proprietary
There are ten steps:
1. Make sure the correct account number is shown. If you have more than one account, click on
the down arrow to select your account number from the drop-down menu.
2. Type in the security’s symbol.
3. Click to select the condition (limit or market or stop). 4. Click to select the term (Day or GTC).
5. Complete the quantity.
6. Click to indicate whether you want all-or-none if the quantity is over 300. 7. Complete the price.
8. Click to indicate whether it’s buy, sell, cover, or short.
9. Click AUTO, ISLAND, INSTINET, or ARCA to specify the order routing, and your order
will be entered.
TIP: Enter your order faster by double-clicking on the bid or ask in a watch list or
Level II window.
A confirmation pops up on the screen (see below):
10. Click OK to place the order or Cancel to cancel the order or make necessary changes.
How to see live order status
Watch your order dynamically update from the moment you place it to the time you receive confirmation that the order has been executed. See the status of all orders entered for that day. There’s one step here plus optional second and third steps:
1. Click the Show Order Status View icon on the Toolbar at the left side of the screen.
or
Click New.
Click Order Status View.
The Order Status view appears as shown below:
2. Right-click inside of the lower portion of the Order Status view.
A pop-up menu appears with three choices:
Log cancels Confirm cancels Setup
Pop Up on
Export Order Status
3. Make your choices.
For more detailed information on order status, see Chapter 13, Seeing Real-Time Order Status.
How to see real time or historical display of bids, asks and trades
The Time & Sales view provides a real-time or historical display of bids, asks and trades for a specified security.
There are seven steps here plus optional eighth and ninth steps:
1. Click the Show Time & Sales View icon on the Toolbar at the left side of the screen.
Click New.
Click Time and Sales View.
The Time & Sales Setup dialog box comes on the screen:
2. Type in the symbol.
If you don’t know a security’s symbol, click on the Find button and the Find Symbol dialog box will come on the screen. You’ll type in a company’s name, click Find and once you have the results you need, click OK.
3. Click on the desired Time/Sales Time Period--Current or Historical.
4. If historical, in the Historical section click on the down arrow to see the drop-down menu. 5. Select the number of Days Back you want to see.
6. Select the start time and end time. 7. Click OK.
A time and sales chart will appear.
8. Right-click inside the lower portion of the Time and Sales view.
A pop-up menu appears with three choices as shown below:
9. Select a menu item.
For more detailed information on time and sales charts, see Chapter 14, Seeing Real Time or Historical Display of Bids, Asks and Trades.
How to set up and get alerts
Stay close to the markets. Power E*TRADE Pro will alert you with sounds, messages, and windows when an event you specify has occurred.
There are eight steps:
1. Click the Show Alerts View icon on the Toolbar at the
left side of the screen. or ...
Click New. Click Alerts View.
2. Type in the symbol. 3. Click Add.
4. Repeat steps 2 and 3 for the other securities.
5. Click on a security’s symbol to highlight it and then specify the conditions for the alert: Price >,
Price <, New High, New Low,
Opening >, Opening <, Total Volume >, Total Volume <, Tick Ct >. Specify how you’ll be notified: Alert Window and/or certain text in a Note.
6. Click OK.
7. Click Setup alerts to call up the Alerts Setup dialog box to add another
security to your alert list.
8. Click the Close button (the X) in the upper-right hand corner to close out this
dialog box.
For more detailed information, see Chapter 15, Setting Up and Getting Alerts.
When an alert condition is met, you’ll be notified. An example is shown below.
To remove the alert from the screen, click OK and click the X.
How to use High/Low Ticker
To create a High/Low Ticker, follow step 1 below and continue with steps 2-7 if you wish to customize your ticker.
1. On the New menu, click High/Low View. A High/Low Ticker will appear. By default, the ticker
displays all symbols with the minimum volume set to 100 and the minimum price set to $5. If you would like to change the default settings or the display colors,
2. Right-click the ticker. The High/Low Ticker Setup Window will appear. 3. Select the type of securities you want the ticker to display.
4. Set the minimum volume and price for each type of security.
5. Click the button in the Choose Colors group for the high or low display you want to change. 6. In the Color Chooser Window , click the new foreground and background colors, then click OK. 7. In the High/Low Ticker Setup Window, click OK to save the new settings.
To learn more about the specific features of the High/Low ticker, including the High/Low Ticker popup menu, see Chapter 16: The High/Low and Market Data Tickers.
How to use the Market Data Ticker
Market Data Tickers display activity on selected securities as it happens. When you create a ticker, you can specify the information you would like the ticker to display.
The Market Data Ticker Window can display:
• Trades
• Changes above a minimum volume • Level II quotes (and size changes) • Positions held by an account
You can also customize the colors, fonts, and columns the ticker uses to display information. To create a market ticker, there are six steps:
2. In the Ticker Title box, type a name for the ticker.
3. For every symbol you want to display, type the symbol in the Symbols box, then click Add. The
new symbols will appear in the List box.
4. In the Accounts box, select the accounts whose position information you want the ticker to display. 5. In the Filters group, specify the information you want the ticker to display. The ticker will display:
Trades
hangs above a minimum volume
Level I Quotes (and size changes) or Level II Quotes (and size changes).
6. Click OK.
To learn more about the specific features of the Market Data ticker, including the Editor Window and the Ticker Tab, see Chapter 16: The High/Low and Market Data Tickers.
How to use speed keys to create an order
You can use speed keys to create an order in a Level II view. There are six steps:
1. Select Use Speed Keys in the Order Entry Pop-up Menu.
2. Display the Level II view from which you want to create the order.
3. Press the speed key for the order you want to make. The Level II Order Entry Window will be
loaded, with the button you specified in the speed key settings, unless:
The speed key’s Use Load is set to Never
The Level II Order Entry Window is closed and the speed key’s Use Load is set to Default
appear.
4. If necessary, use the arrow keys to change the quantity or price.
5. Press Enter. An order confirmation message will appear, displaying the order details.
TIP: If you don’t want the confirmation message to appear, deselect Confirm Orders in the Order
Entry Pop-up Menu.
6. Click OK to submit your order and close the confirmation window. The submitted order will
appear in the Order Status Window.
For more information, see Chapter 12, Entering and Routing Your Orders
How to use layouts
A layout is one or more screen views (windows) on your computer screen that have been saved in a file. You can have one or more screen views (e.g., Accounts Balances, Level II view, Time & Sales view and so on) on the screen at one time.
If you save those views, the saved filed is called a layout in Power E*TRADE Pro. When you know that you’ll want the same screen views again, save them as layouts so you don’t reinvent the wheel each day.
Besides the Order Entry view that’s always on the screen, Power E*TRADE Pro gives you the flexibility to decide what additional information you want on the main screen.
You can set up many different layouts if you want to view information in different ways. For example, you might want to have one layout that just shows your account balances and the order entry (buy/sell) windows. Or, you might want to have another layout that shows a Level II view for several stocks that you can quickly switch between.
For more information on layouts, see Chapter 17, Layouts—How You Want Your Power E*TRADE Pro Screen to Look.
Using virtual desktops to leverage saved layouts
You can have up to four different sets of screen views in each saved layout. You can quickly view each of the four sets by using the virtual desktop buttons (the buttons numbered 1, 2, 3 and 4 at the bottom right of the main screen by the clock).
Getting help with Power E*TRADE Pro
You’ve got three choices:
1. Online manual
1. Click Help.
2. Click Power E*TRADE Pro Manual (pdf).
2. Click help
1. Click help.
2. Click Power E*TRADE Pro Help (html)
3. Telephone
Power E*TRADE Pro has technical support experts available 24 hours a day at 1-888-388-2900,
option 2.
Exiting Power E*TRADE Pro
To exit the program,
Click the Close button (the X) in the upper-right hand corner of the screen. or
Click File on the Power E*TRADE Pro main menu. Choose Exit.
7
Chapter
P O W E R E * T R A D E P R O U S E R G U I D E
Tracking Your Accounts:
See Your Total Equity, Debit Balance and
Cash and Margin Buying Power in Real Time
(Account Balances, Buying Power)
Topics covered in this chapter:
How to view your account balances Handling multiple accounts How to see your buying power The account balances window
Day Traders: Reg-T and intraday buying power
How to view your account balances
You can work with either icons or menus.
To monitor your cash and margin buying power and see your total equity and debit balance as they change in real time with the Account Balances feature, you may either:
Click Show Account Balances on the Toolbar at the left side of the screen.
(If you’re not seeing the toolbars on the left side of the screen, and you want to use the icon feature, you need to toggle the Toolbar on by clicking View and then clicking Toolbar (so there’s a check mark to the left of it.)
or
Handling multiple accounts
If the Accounts Balances view is already on the screen, there are three steps to switch between accounts:
1. Click the down arrow to call up the select Account drop-down menu on the Accounts
Balances view.
2. Highlight the account number you want to see. 3. Click on that account.
Seeing the details on your account positions in real time
To see details on the securities in your account, use the Positions watch list. For more information about this, see Chapter 8, Seeing Real-Time Details on Your Account Positions.
How to see your buying power
You can see on the main Power E*TRADE Pro screen, at all times in real time, your buying power. It’s just to the right of your account number at the top of the screen.
You can show or hide your buying power amounts in one or two steps. Either:
1. Click the Show/Hide Buying Power Toolbar icon on the Toolbar at the left side of the
screen. or
1. Click View on the main menu. 2. Click Buying Power.
The account balances window
Securities
Market value of stocks & funds (long): The market value of stocks, bonds, and funds represents the value of all shares of stocks, bonds, and funds held “long” in your account. Long shares are shares you actually own. The market value is determined by using the market price for each security as of previous day’s market close.
The market value is determined by using the market price for each security as of previous day’s market close.
Money Market & Cash
Money market funds: Money market funds reflects the total value of the primary money market fund held in the brokerage account.
Cash: Cash balance from unsettled activity reflects the amount that will be added to your Money Market Fund or Credit Interest on the settlement date of a recently executed trade. If the value is negative, you must have enough funds in your Money Market or Credit Interest to cover the negative value by the settlement date. Cash balance from unsettled activity is as of previous day’s market close, and does not reflect today’s activity.
Margin Balance: Margin balance from unsettled activity reflects the amount that will be added to your Money Market Fund or Credit Interest on the settlement date of a recently executed trade. If the value is negative, you must have enough funds in your Money Market Fund or Credit Interest to cover the negative value by the settlement date. Margin balance from unsettled activity is as of previous day’s market close, and does not reflect today’s activity.
Total Account Value: Total account value, represented in dollars, minus any existing margin balance.
Account Equity: Percentage of the amount equal to your total account value divided by the market value of the securities held in the account. The percentage, which calculates the total value of the account and not simply the margin account percentage, is as of previous day’s market close and does not reflect today’s activity.
Buying Power
Using Cash: for non-margin purchases & withdrawals: Cash holdings buying power reflects the total cash dollar amount available for trading without borrowing money on margin or adding additional money to the account.
The balance is based on the previous day’s closing prices and is reduced 50% by any open orders. It does not include the executed trades until the date the trade settles.
The value does reflect today’s trading activity. The value is reduced or increased as soon as the trade executes, not when the trade settles. All buy trades are debited (subtracted) and all sell trades are credited (added). The values from non-trading activity, such as deposits, do not impact the cash holdings.
The margin buying power balance reflects the federal reserve requirement of 50% and E*TRADE Securities, LLC minimum house margin maintenance requirement.
The balance is based on the previous day’s closing prices and is reduced by any open orders. It does not include the executed trades until the date the trade settles. The value does reflect today’s trading activity. The value is reduced or increased as soon as the trade executes, not when the trade settles. All buy trades are debited (subtracted) and all sell trades are credited (added). The values from non-trading activity, such as deposits or withdrawals will impact the margin buying power.
Note:
This value does not guarantee that securities purchased up to this value will not lead to a margin call. If the value of the securities in your account goes down, you can find yourself at risk for or placed in a margin call. Margin calls are serious situations which require your immediate attention-as your broker can liquidate securities in your account to cover them.
Note:
For pattern day traders, this is the amount available for holding marginable securities overnight without getting into a fed call.
Using Margin: to purchase cash securities/options, or maximum cash available to withdraw: Margin buying power for cash securities/options is the amount of funds available for purchasing cash securities (non-marginable securities) or options. Any portion of this amount above and beyond your cash buying power will be on margin. You will be charged interest for this portion that you have borrowed from your broker.
The balance is based on the previous day’s closing prices and is reduced by any open orders. It does not include the executed trades until the date the trade settles.
The value does reflect today’s trading activity. The value is reduced or increased as soon as the trade executes, not when the trade settles. All buy trades are debited (subtracted) and all sell trades are credited (added). The values from non-trading activity, such as deposits or withdrawals will impact the the margin buying power.
Note:
For pattern day traders, this is the amount available for holding cash securities or options overnight without getting into a fed call.
Day Traders: Reg-T and intraday buying power Definition of a pattern day trader
The National Association of Securities Dealers(NASD) has put into place an amendment to Rule 2520 that will impact what the NASD calls “pattern day traders.”
Beginning September 28, 2001, the NASD imposed more stringent margin and other requirements on pattern day traders. As of that date, if you’re a pattern day trader, you’ll be required to maintain a minimum equity of $25,000 in your account prior to any day-trading activities. You’ll also need to open a margin account if you don’t already have one.
If you qualify as a pattern day trader, you will see 3 additional fields on your account balances window:
Pattern day trader status: is the multiplier for maintenance margin excess that determines your day trading margin buying power. Pattern day trading buying power normally will be four times the maintenance margin excess, but it will be reduced to two times maintenance margin excess if you exceed your day trading buying power and create a day trading margin call. If you do not meet the margin call, your account will be reduced to ‘Cash Only’.
In addition, the minimum equity requirement any time for a pattern day trader is $25,000. This equity must be in your account prior to placing any trades on that day.
Intraday Buying Power: Cash
Day trading margin buying power for cash securities/options is the amount of funds available for purchasing cash securities (non-marginable securities) or options. Any part of this in excess of your free credit balance will be on margin and will incur margin interest charges. This is the same as cash or option buying power. Any portion of this amount above and beyond your cash available will be on margin. You will be charged interest for this portion that you have borrowed from your broker.
The balance is based on the previous day’s closing prices and is reduced by any open orders. It does not include the executed trades until the date the trade settles.
Note:
For securities held overnight, please refer to the other margin buying power values to avoid getting into a fed call. A day trading margin call can be avoided by liquidating all of your positions by the end of the day. Day trading margin calls must be met within five business days; otherwise the account will be restricted to cash available for 90 days.
The amount of maintenance margin excess is based on your account positions as of the close of business of the previous day.
Intraday Buying Power: Margin
Day trading margin buying power for marginable securities is the total dollar amount available to purchase marginable securities during regular market hours. Any portion of this amount above and beyond your cash available will be on margin. You will be charged interest for this portion that you have borrowed from your broker. The amount you can borrow is based on the value of the cash and securities you currently have in your account and is multiplied by a multiple according to your pattern day trading status.
The intraday margin buying power balance reflects the federal reserve requirement of 50% and E*TRADE Securities, LLC minimum house margin maintenance requirement. The value is based on the previous day’s closing prices and reflects today’s trading activity.
The balance is based on the previous day’s closing prices and is reduced by any open orders. It does not include the executed trades until the date the trade settles.
The value does reflect today’s trading activity. The value is reduced or increased as soon as the trade executes, not when the trade settles. All buy trades are debited (subtracted) and all sell trades are credited (added). The values from non-trading activity, such as deposits or withdrawals will impact the margin buying power.
Note:
