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| Definitions by InvestorWords.com |
| What is...? |
| Total Account Value Your total account value reflects the sum of the long and short positions, the sweep account and/or cash balance, and any margin debt. The value includes all trading and other account activity as of the previous day's market close. The amount includes the market value of all positions* held in the account and is reduced by any debit balance and the amount of short options positions that are "in the money". *The market value of options (other than short option positions that are "in the money") is not included in the total amount. *OptionsLink positions are not included in the total amount. Please refer to your account statement for the total value of your OptionsLink holdings. Source: E*TRADE FINANCIAL |
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