The account has one or more positions that cannot be priced; the unpriced positions are not included in the balance amounts.

Note
Unpriced positions refer to those positions without closing or recent prices; view these on the Positions window.

When-issued securities exist in the when-issued securities account (type 8).

Note
When issued refers to a conditional security: one authorized for issuance but not yet actually issued. All when-issued transactions are on an if basis: to be settled if and when the actual security is issued.

Regardless of the pricing method, in certain cases where real-time prices or delayed prices are unavailable, prior day closing prices are used.

• If your firm elected real-time prices, recent values reflect real-time prices for the underlying securities.
• If your firm elected delayed prices, recent values reflect 20-minute delayed prices for the underlying securities.
• If your firm did not elect real-time or delayed prices, recent values reflect prior day closing prices for the underlying securities.

Note
For accounts holding options, market values on the Multiple Margin Summary window and the Account Cartridge might differ from values displayed on the Account Positions window. This is due to a variation in the pricing routine used for options.

The dollar change since the prior close; some fields also include the percentage change.

• $ Change = Recent - Prior Close
• Change (%) = 100 x (Recent - Prior Close) / Prior Close

A general approximation that intends to show how close your multiple margin relationship may be to a house call in terms of a change in margin market value. This should not be your sole basis for any action. Please consider all factors before taking any action and note assumptions and notes below.

Assumptions used in calculation:

• All securities decline today by the same relative amount from the prior day close of business regardless of asset class.
• The average RBR (house) requirement remains static, i.e., there are no changes in house requirements, add-on, or stress levels.
• There are no other transactions or activity in the account.

Notes:

• Will not show results and will show "N/A" if multiple margin relationship has options, type 3 shorts, relationship type 2 net margin credit, or any type of call.
• Will not factor in additional accounts held outside of the existing multiple margin relationship.
• No calculations of SMA.

Formula:

1. House security requirements divided by type 2 Security Market Value to create effective margin requirement percent.
2. Net margin debit multiplied by -1, then divided by 1 less the effective margin requirement percent to create margin market value at no surplus.
3. Type 2 Security Market Value less Margin Market Value at no surplus divided by type 2 Security Market Value to create "Today's Start of Day House Call Cushion" percentage.

The total value of all assets in the multiple margin relationship held at Fidelity, not including Insurance & Annuities and Other Away Assets. This amount includes the net market value of all positions held long or short in the accounts, including stock distributions pending allocation, minus outstanding debit amounts, amounts required to cover short option positions that are in-the-money, and the market value of loaned securities (if enrolled).

Note
Total Account Value may display a value that is not equal to the total of the balances listed under it since not all credit and debit types are shown explicitly.

The maximum dollar amount available, including both cash and margin, to purchase marginable securities without adding money to the accounts. This amount includes Cash, Core Sweep/Fund, and Non-Core Money Market. All committed open buy trades and money movement into and out of the accounts are reflected in this amount.

Note
This balance displays only when a Margin Agreement is either On File (1) or In Transit (T) to Fidelity. View Margin Agreement status on Account Profile. (View Account Information)

The total dollar amount of non-marginable securities that can be purchased using available cash or buying power. This amount includes Cash, Core Sweep/Fund, Non-Core Money Market, and accrued interest. All committed open buy trades are reflected in this amount.

Note
This balance displays only when a Margin Agreement is either On File (1) or In Transit (T) to Fidelity. View Margin Agreement status on Account Profile.

The dollar amount available for an opening day-trade transaction or the funds needed to satisfy the day-trade minimum equity requirement if an account has a pattern day-trader designation.

• A zero or positive recent value is the day-trade buying power.
• A negative recent value is the minimum equity call.
• If real-time prices are unavailable, closing prices are used.
• All committed open buy trades are reflected in the day-trade buying power.

Exchange Surplus
The amount of margin equity in the relationship above the NYSE requirement, also known as NYSE surplus.

Exchange Call
The amount that the account equity, as a percentage of market value, has fallen below the maintenance requirement set by the NYSE. The NYSE requirement is 25% for equities.

House Surplus
The dollar amount by which margin equity exceeds the house security requirements. If there is no additional activity in the relationship, the house surplus reflects how far the relationship is from a house call situation. Calculated as:

Margin Equity - Security Requirements

House Call
The account equity amount, as a percentage of market value, has fallen below the maintenance requirement as established by Fidelity. An account in a house call has no house surplus or buying power.

SMA
The amount of excess equity that is available in the SMA.

Fed Call
The amount by which the equity in the relationship does not cover 50% of the cost of an initial margin obligation.