Detailed cash balance

[Dutch]

Do not understand this calculation.. "Pending Equity Orders Projected Income"

[divz]

We have added new functionality to our system that adds the proceeds of cash corporate events (i.e. dividends, capital reductions, share buy-backs etc) to the Available Trading Cash balance on the morning of the ex-date, thus allowing clients to use t! his cash for further investment prior to the actual cash being received. Up to now, clients only had access to this cash on the pay-date, which is 5 business days after entitlement, because the settlement cycle for corporate events is 5 business days from the Last Day to Trade date (LDT). Note that this cash can still only be withdrawn from the pay-date and that clients will NOT be charged interest if this cash is used for further purchase transactions. This is simply because the settlement of any purchase transaction which used this cash will occur on or after the actual cash is received on the pay-date. To get a detailed breakdown of any such adjustments to your Available Trading Cash balance select "My account" then "Detailed cash balance". For more information on this new functionality email us at [email protected] or call 0860 121 161

[Dutch]

Ok so under the column Projected Cash Balance...Pending Equity Orders Cost = R85k and Pending Equity Orders Projected Income = R1,7mil. Must be missing something I think

[SimonPB]

pending equity orders are for orders in the market that haven't traded .. but we have reserved the cash ..

[#5]

Good trading - well done!

[Dutch]

and the R1,7 mil Pending Equity Orders Projected Income. When can I get that...in my lifetime I hope. Off to look at a Ferrari...

[SimonPB]

that is for pending sales in the market ..