I am totally new to stock and their trading. I have questions when I was trying to understand an account at a brokerage company:
Account 12345678(Margin) Net Liq Value $23,416.36 Buying Power - Stock $27,064.61 Buying Power - Option $13,532.30 Cash Balance $3,648.25 Unsettled Cash $0.00
I was wondering
- what are the meanings of Net Liq Value and Cash Balance?
- What are the meanings of Buying Power - Stock, Buying Power - Option, and Unsettled Cash?
- How much money does the account have currently?
Thanks and regards!