{"id":5904,"date":"2020-08-12T15:28:19","date_gmt":"2020-08-12T13:28:19","guid":{"rendered":"https:\/\/captrader.excellents.eu\/?p=5904"},"modified":"2024-07-19T14:51:27","modified_gmt":"2024-07-19T12:51:27","slug":"calculations-of-the-collations","status":"publish","type":"post","link":"https:\/\/www.captrader.com\/en\/kalkulationen-der-sicherheiten\/","title":{"rendered":"Calculation of collateral (deposit in UK)"},"content":{"rendered":"<p class=\"wp-block-paragraph\">If you are resident outside the EU (EEA) and have opened a margin account with CapTrader, you have the possibility to claim a so-called margin credit. The margin account type is a prerequisite for trading certain types of securities such as futures or CFDs.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">On this page, we will use practical examples to show you which positions you should keep an eye on in your account, when there is a risk of liquidation and how you can avert it.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Forced liquidation (margin call)<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">In case you trade beyond the spending limits and\/or the market should develop significantly against your expectations, the trading platform (TWS) will display warning messages as soon as possible liquidations should be imminent. You can find more information about Margin Call <a href=\"https:\/\/www.captrader.com\/en\/margin-call\/\" target=\"_blank\" rel=\"noreferrer noopener\">here<\/a>).<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Overview of the individual positions<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">All relevant positions are displayed in the Trader Workstation TWS trading platform (Classic TWS view) in the account window.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"210\" src=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2021\/11\/captrader_tws_kontofenster-1024x210.png\" alt=\"Screenshot of a financial software application with multiple menus and a highlighted &quot;Account Window&quot; tab in the TWS indicating account management functions.\" class=\"wp-image-12218\" srcset=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2021\/11\/captrader_tws_kontofenster-1024x210.png 1024w, https:\/\/www.captrader.com\/wp-content\/uploads\/2021\/11\/captrader_tws_kontofenster-300x62.png 300w, https:\/\/www.captrader.com\/wp-content\/uploads\/2021\/11\/captrader_tws_kontofenster-768x158.png 768w, https:\/\/www.captrader.com\/wp-content\/uploads\/2021\/11\/captrader_tws_kontofenster-200x41.png 200w, https:\/\/www.captrader.com\/wp-content\/uploads\/2021\/11\/captrader_tws_kontofenster-400x82.png 400w, https:\/\/www.captrader.com\/wp-content\/uploads\/2021\/11\/captrader_tws_kontofenster-600x123.png 600w, https:\/\/www.captrader.com\/wp-content\/uploads\/2021\/11\/captrader_tws_kontofenster-800x164.png 800w, https:\/\/www.captrader.com\/wp-content\/uploads\/2021\/11\/captrader_tws_kontofenster-1200x246.png 1200w, https:\/\/www.captrader.com\/wp-content\/uploads\/2021\/11\/captrader_tws_kontofenster.png 1476w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Key figures for a forced liquidation<\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Once you have started margin trading, monitoring the financial margin is essential. You should look at the following positions in the account window to be able to prevent the forced closing of positions by the trading system (margin call).<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>Gegenw\u00e4rtig \u00dcbersch\u00fcssige Liquidit\u00e4t (Current Excess Liquidity) - CEL<\/li>\n\n\n\n<li>Spezielles Memorandum Konto (Special Memorandum Account) - SMA<\/li>\n\n\n\n<li>\u00dcbernacht \u00dcbersch\u00fcssige Liquidit\u00e4t ( Overnight Excess Liquidity) - OEL<\/li>\n<\/ol>\n\n\n\n<h3 class=\"wp-block-heading\">Important minimum limits<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Should be 1.(CEL) and\/or 2.(SMA)<strong>&nbsp;less than 5 percent&nbsp;<\/strong>des Kontowertes (Netto Liquidations Wert) betragen, so\u00a0leuchten diese Zeilen <strong>yellow.<\/strong><\/li>\n\n\n\n<li>Sollte 1.(CEL) und\/oder 2.(SMA)einen<strong>&nbsp;negative value&nbsp;<\/strong>have, shine these lines<strong> red.&nbsp;<\/strong>This is where your depot then incurred a deficit.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">Das SMA darf w\u00e4hrend der regul\u00e4ren Handelszeiteneinen negativen Wert annehmen<strong>but must be positive again by the end of the trading day at 21:50 CET at the latest!<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The Current Excess Liquidity (1.) and the Overnight Excess Liquidity (3.) must be positive at all times - otherwise the trading platform will automatically close positions.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"327\" src=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2020\/08\/captrader_kalkulation_1-1024x327.png\" alt=\"captrader kalkulation 1\" class=\"wp-image-17574\" srcset=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2020\/08\/captrader_kalkulation_1-1024x327.png 1024w, https:\/\/www.captrader.com\/wp-content\/uploads\/2020\/08\/captrader_kalkulation_1-300x96.png 300w, https:\/\/www.captrader.com\/wp-content\/uploads\/2020\/08\/captrader_kalkulation_1-768x245.png 768w, https:\/\/www.captrader.com\/wp-content\/uploads\/2020\/08\/captrader_kalkulation_1-200x64.png 200w, https:\/\/www.captrader.com\/wp-content\/uploads\/2020\/08\/captrader_kalkulation_1-400x128.png 400w, https:\/\/www.captrader.com\/wp-content\/uploads\/2020\/08\/captrader_kalkulation_1-600x191.png 600w, https:\/\/www.captrader.com\/wp-content\/uploads\/2020\/08\/captrader_kalkulation_1-800x255.png 800w, https:\/\/www.captrader.com\/wp-content\/uploads\/2020\/08\/captrader_kalkulation_1-1200x383.png 1200w, https:\/\/www.captrader.com\/wp-content\/uploads\/2020\/08\/captrader_kalkulation_1.png 1476w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Potential situations for compulsory liquidation<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>A. Gegenw\u00e4rtig \u00dcbersch\u00fcssige Liquidit\u00e4t (Current Excess Liquidity) - CEL<br><\/strong>As soon as the CEL assumes a value less than zero, the trading system automatically closes positions within 30 minutes.<\/li>\n\n\n\n<li><strong>B. Current Excess Commodity Liquidity<br><\/strong>If you have written options and this value becomes less than zero, the trading platform will close option positions within 30 minutes.<\/li>\n\n\n\n<li><strong>C. Spezielles Memorandum Konto (Special Memorandum Account) - SMA<br><\/strong>Should the SMA value be less than zero at 21:50 CET<strong>,&nbsp;<\/strong>the trading platform will try to close positions until 22:15 CET if the corresponding exchange is still open.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"365\" src=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2020\/08\/captrader_kalkulation_2-1-1024x365.png\" alt=\"captrader kalkulation 2\" class=\"wp-image-17578\" srcset=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2020\/08\/captrader_kalkulation_2-1-1024x365.png 1024w, https:\/\/www.captrader.com\/wp-content\/uploads\/2020\/08\/captrader_kalkulation_2-1-300x107.png 300w, https:\/\/www.captrader.com\/wp-content\/uploads\/2020\/08\/captrader_kalkulation_2-1-768x274.png 768w, https:\/\/www.captrader.com\/wp-content\/uploads\/2020\/08\/captrader_kalkulation_2-1-200x71.png 200w, https:\/\/www.captrader.com\/wp-content\/uploads\/2020\/08\/captrader_kalkulation_2-1-400x143.png 400w, https:\/\/www.captrader.com\/wp-content\/uploads\/2020\/08\/captrader_kalkulation_2-1-600x214.png 600w, https:\/\/www.captrader.com\/wp-content\/uploads\/2020\/08\/captrader_kalkulation_2-1-800x285.png 800w, https:\/\/www.captrader.com\/wp-content\/uploads\/2020\/08\/captrader_kalkulation_2-1-1200x428.png 1200w, https:\/\/www.captrader.com\/wp-content\/uploads\/2020\/08\/captrader_kalkulation_2-1.png 1476w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<h3 class=\"wp-block-heading\">Examples of a margin call<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Possibility 1:<br>If the total value of the SMA is negative at 21:50 CET, and you&nbsp;<strong>Positions in European futures contracts or U.S. equities\/options\/futures contracts<\/strong>&nbsp;the trading platform will close one or more positions.<\/li>\n\n\n\n<li>Possibility 2:<br>If the total value of the SMA is negative at 21:50 CET and you only have positions in&nbsp;<strong>European shares\/options<\/strong>&nbsp;hold<strong>,&nbsp;<\/strong>the trading platform<strong>&nbsp;close positions at the beginning of the next trading day,&nbsp;<\/strong>as European stock and options exchanges are already closed at 21:50 CET<strong>.<\/strong><\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>D. Gesamte \u00dcbernacht \u00dcbersch\u00fcssige Liquidit\u00e4t - OEL<\/strong><br>The OEL value must be when you hold positions overnight,&nbsp;<strong>15 minutes before close of trading greater than\/equal to zero<\/strong>&nbsp;be. Otherwise, the trading platform will close one or more positions. Thus, this method ensures that your account has the required coverage even overnight and can also meet the corresponding margin requirements.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Important Notice:<br><\/strong>Please always keep an eye on your positions in the margin account!<br>If rows in the account window are highlighted in yellow or red, your account is close to margin requirements or is already in deficit.<strong><br>In this situation, if necessary, you should adjust your positions and take action before the forced liquidation of positions by the trading system occurs.<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"445\" src=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2020\/08\/captrader_kalkulation_3-1024x445.png\" alt=\"captrader kalkulation 3\" class=\"wp-image-17576\" srcset=\"https:\/\/www.captrader.com\/wp-content\/uploads\/2020\/08\/captrader_kalkulation_3-1024x445.png 1024w, https:\/\/www.captrader.com\/wp-content\/uploads\/2020\/08\/captrader_kalkulation_3-300x130.png 300w, https:\/\/www.captrader.com\/wp-content\/uploads\/2020\/08\/captrader_kalkulation_3-768x334.png 768w, https:\/\/www.captrader.com\/wp-content\/uploads\/2020\/08\/captrader_kalkulation_3-200x87.png 200w, https:\/\/www.captrader.com\/wp-content\/uploads\/2020\/08\/captrader_kalkulation_3-400x174.png 400w, https:\/\/www.captrader.com\/wp-content\/uploads\/2020\/08\/captrader_kalkulation_3-600x261.png 600w, https:\/\/www.captrader.com\/wp-content\/uploads\/2020\/08\/captrader_kalkulation_3-800x348.png 800w, https:\/\/www.captrader.com\/wp-content\/uploads\/2020\/08\/captrader_kalkulation_3-1200x521.png 1200w, https:\/\/www.captrader.com\/wp-content\/uploads\/2020\/08\/captrader_kalkulation_3.png 1473w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/figure>","protected":false},"excerpt":{"rendered":"<p>Sollten Sie mit Wohnsitz au\u00dferhalb der EU (EWR) ein Marginkonto bei CapTrader er\u00f6ffnet haben, so besteht f\u00fcr Sie die M\u00f6glichkeit, einen sogenannten Marginkredit in Anspruch nehmen zu k\u00f6nnen. Der Kontotyp Marginkonto ist f\u00fcr den Handel von bestimmten Wertpapierarten wie Futures oder CFDs Voraussetzung. Wir zeigen Ihnen auf dieser Seite anhand praktischer Beispiele, welche Positionen Sie [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[86,122],"tags":[],"class_list":["post-5904","post","type-post","status-publish","format-standard","hentry","category-faq","category-margin"],"acf":{"blog_summary":"","blog_faq_schalter":"nein","faq_uberschrift":"","blog_faq_loop":null},"_links":{"self":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/posts\/5904","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/comments?post=5904"}],"version-history":[{"count":0,"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/posts\/5904\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/media?parent=5904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/categories?post=5904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.captrader.com\/en\/wp-json\/wp\/v2\/tags?post=5904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}