Commodity Trading Online by Farr Financial Commodities Futures Brokers
 
Commodity trading by Farr Financial

Commodity Futures Brokers, Farr Financial

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TUTORIAL  -  Using the Daily Account Status Feature

1.  From the Main Menu, click on the Daily Account Status link.

2.  Within several seconds, the Daily Account Status report for your account will appear.  NOTE:  You only have access to the account that is associated with your username when signing onto your online trading account.

3.  Important abbreviations to note:

    CNF   -   confirmation of trades for the day
    P&S  -  purchase and sale
    ACB  -  segregated account balance
    OTE  -  open trade equity
    LV  -  liquidating value, based on previous days settle prices
    TE  -  total equity, based on previous days settle prices
    M/E or M/D  -  margin excess (or deficiency); money available to trade
    WF  -  withdrawable funds
    TC  -  amount of margin call
    LOV  -  long option value
    SOV  -  shor option value
    FIR  -  initial margin requirement for open futures and options positions
    FMR  -  maintenance margin requirement for open futures and options positions
    COM  -  commission paid through the month

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