deposited to margin
Securities deposited to margin on open derivative positions as well as on active orders for derivatives.
deposits for orders
Funds deposited for the execution of brokerage orders.
BH
Brokerage House is an institution operating in the capital market, which keeps the customers brokerage accounts and provides comprehensive support for the execution of all capital market operations (e.g. registration of orders, settlement of trades etc.)
bond redemption price
The price at which formerly issued bonds shall be redeemed.
bond purchase price
The price at which newly issued bonds shall be purchased.
settlement date
The date of the trade settlement in the National Depository for Securities. Upon settlement of an operation by the NDS, funds from the executed trade are finally transferred from the buyer to the seller.
session date for the order
The first day from which an order shall be valid.
order validity date
The last day till which an order shall be valid on the stock exchange.
booking date
The date of the trading session on which an order has been booked by the Brokerage House.
expiration date
The date of termination of trading in a given derivative security.
margin
The amount of cash and value of securities that have been deposited to secure the settlement of open positions in derivatives (the so-called maintenance margin required by the NDS) as well as for active orders for derivatives (the so-called initial margin).
margin in cash
The amount of cash deposited to the initial margin and maintenance margin.
initial margin in cash
Funds provided to secure the payment of Client`s liabilities that might result from the execution of orders placed in the derivatives market.
initial margin in securities
Securities provided to secure the payment of Client`s liabilities that might result from the execution of orders placed in the derivatives market.
maintenance margin in cash
Funds provided as a minimum security for the payment of Client`s liabilities resulting from derivative positions held in the account.
maintenance margin in securities
Securities provided as a minimum security for the payment of Client`s liabilities resulting from derivative positions held in the account.
margin call
Information about a deficit of funds in the initial margin account.
form
The system window containing editable fields and a button allowing to send the form. Forms are mainly used to place orders, but also to send requests, subscriptions, etc.
stock exchange
A 3-letter designation of the stock exchange name.
WSE
The Warsaw Stock Exchange is the entity organizing a regulated market for trading in securities that have been admitted to public trading.
operation ID number
A booking document number in the Brokerage House system.
initial order ID number
An identification number assigned to an initial order in the Brokerage House system.
subscription ID number
A unique identification number assigned to a subscription in the Brokerage House system.
order ID number
A unique number assigned to an order in the Brokerage House system, allowing for its unambiguous identification.
quantity available for sale
The quantity of securities held in the brokerage account that can be sold.
quantity deposited for orders
The quantity of securities held in the brokerage account that have been deposited for sell orders.
quantity deposited for other purposes
The quantity of securities that have been deposited for purposes (operations) other than brokerage orders.
quantity pledged
The quantity of securities that have been deposited as a pledge.
quantity of ownership rights
The quantity of securities owned by the Client, for which the ownership rights have been transferred in the National Depository for Securities.
minimum quantity
This order attribute allows to determine the minimum quantity of securities to be traded for the order. If the specified quantity cannot be executed in the market, the order will be immediately removed from the order book.
quantity shown (disclosed)
This order attribute allows to determine the quantity of securities to be disclosed in the order book. The quantity shown shall be lower than the quantity of securities stated on the order and can be helpful in hiding large-volume orders.
quantity after reduction
The quantity of securities on the order that has been verified by the Brokerage House and accepted for execution in the market.
derivatives
Derivatives are financial instruments, the price of which depends directly or indirectly on the value of their underlying securities, indexes, currency exchange rates, or other instruments.
NDS
The National Depository for Securities is the institution acting as the Polish central clearing house that is responsible for the clearing and supervision of all depository and settlement operations involved in public trading in securities.
ISIN
A 12-character international securities identification number which is assigned by the National Depository for Securities, when a security is admitted to public trading.
currency code
A 3-letter abbreviation of the currency name, in which the financial information is presented.
component
The system element providing a specific functionality. Components are also referred to as gadgets. Components may include fields (both editable and non-editable), sections, lists, as well as buttons.
primary account - deposit
The amount of funds held in the Client`s brokerage account that have been deposited for buy orders or provided as security for other liabilities, which can be only used in accordance with the specified purpose, e.g. for the settlement of trades executed for a buy order.
deferred payment (DP) liabilities
The amount of liabilities resulting from security trades executed for deferred payment orders, which have not yet been paid up by the Client. The unpaid amount of a trade represents the difference between the value of such trade and the amount of funds already deposited for the related order.
amount of loan
The amount of loan that has been granted by the creditor (bank) under a loan agreement. This amount also determines the maximum amount of funds that can be drawn under the loan.
amount deposited for orders
The amount of funds held in the brokerage account that have been deposited for buy orders.
operation amount
The amount of a given operation stated on the booking document in the Brokerage House system.
trigger price
An additional limit that can be set for a limit order or a market order (without a limit price). Such order shall be entered into the order book when the market price exceeds the trigger price level.
limit price
In a limit order, an investor determines precisely the price at which he or she want to buy or sell a given security. For buy orders, this limit represents the maximum price an investor is willing to pay for a security; whereas, for sell orders this is the minimum price at which an investor wants to sell a security.
PEG limit
In a PEG limit order, an investor determines the maximum or minimum limit price up to which the trading system will modify the order automatically. This is the so-called Ceiling for buy orders or Floor for sell orders.
receivables
The amount of funds generated from the execution of trades to sell securities, which have not yet been settled with the National Depository for Securities, and can be deposited for buy orders placed by the Client.
unused receivables
The amount of funds generated from the execution of trades to sell securities, which have not yet been settled with the National Depository for Securities, and concurrently have not been deposited for any buy orders or other liabilities. These funds can only be deposited for buy orders or provided as security for other liabilities, in accordance with separate agreements concluded by the Client.
deposited receivables
The amount of receivables that have been deposited for buy orders or provided as security for other liabilities of the Client.
CIN
A 10-character individual Client Identification Number assigned to each Client by the National Depository for Securities.
penalty interest
Penalty interest charged on late payment of liabilities.
workspace
The main window of the system where all functional components are located. When working with the system, it may display additional (dialogue) windows, but there is only one main window and its remains open at all times.
window
When a (dialogue) window is displayed, the remaining workspace of the system is temporarily deactivated. Such a window may include an order form or a warning message.
loan designation
A unique designation (number) of the loan agreement assigned by the institution granting the loan (creditor) - usually the bank with which the loan agreement has been signed.
MO (Market Order)
An order without a limit price, indicating an intention to buy or sell a specified quantity of securities at the best price currently obtainable in the market.
MTL (Market To Limit)
An order without a limit price, which may be filled completely or partially. Such order will be executed at the best bid or ask price on the opposite side of the order book. If an MTL order is not completely filled, the remaining quantity shall rest in the order book at the same limit price.
PEG
A PEG order is processed by the trading system and presented in the order book with a limit price that is equal to or better than the reference price. The limit price of a pegged order is continuously updated, tracking the security`s best bid or ask price. For a PEG limit order, an investor can define the minimum selling price (the so-called Floor) or the maximum purchase price (the so-called Ceiling). Such a limit can be defined in the PEG limit field, and when it is reached, the pegged order will stop following the reference price.
portfolio
A 2-digit portfolio number used to identify an individual account within the derivatives account which is assigned by the National Depository for Securities at the Client`s request.
pre-emptive rights (PR)
The existing shareholders` pre-emptive rights to acquire any newly issued shares of a company. Such rights can be also publically traded (abbreviated as PR).
loan repayment account
The number of a bank account to which the drawn amount of loan shall be repaid.
account
A unique number of the securities and cash account maintained for the Client by the Brokerage House, depending on the adopted terminology it may be also referred to as a brokerage account.
section
Various types of information provided by the system components are grouped into sections for the sake of their logical presentation and comprehension. In addition, some of the component sections may be collapsed or expanded. When a section is collapsed, the size of an entire component is reduced accordingly, which may facilitate the reading of data displayed in other components or sections.
balance after operation
The account balance after an operation has been booked.
balance of derivatives
The balance of derivative instruments held in the Client`s brokerage account.
token
A cryptographic device which looks like a small calculator. It can generate one-time, unique codes necessary to identify the Client and to accept his or her initial orders. In order to activate your token, you need to enter a special PIN (token access code). The token is used for confirming your brokerage account operations (e.g. a money transfer).
initial order type
Graphical indication of the order entry mode. At present, only orders placed via the Internet are marked with relevant symbols.
transfer title
The Client`s commentary to a money transfer, providing description of the type and purpose of such operation.
type of loan
Identification of one of the types of loan agreements available in the Brokerage House, e.g. CL - credit line, PM - primary market loan, OF - overdraft facility.
security
A unique abbreviation of the security`s name indicating a publically traded security which, depending on the context, may be a share, allotment right, pre-emptive right, bond, futures contract, warrant, or an option.
funds available for orders
The balance of funds held in the account that can be used to place orders, pay up any deferred payment trades, or can be transferred to the Client`s bank account or simply withdrawn.
order value
The value of a settled trade (calculated by multiplying the trading price by the quantity of traded securities).
validity
The order validity determined by the type of validity, and optionally by the date and time of validity (depending on the selected validity option). It determines the period over which a brokerage order shall be valid in the order book on the Warsaw Stock Exchange.
GTC (Good Till Cancelled)
Such order will be valid till cancellation (default attribute).
GTT (Good Till Time)
Such order will be valid till the specified time on the selected date.
GTD (Good Till Date)
Such order will be valid till the specified date.
IOC (Immediate Or Cancel)
An order with such validity option may be filled in full or in part depending on market conditions, whereas any unfilled quantity shall be removed from the order book. If during the first trade only a part of the order is executed, the rest will be cancelled.
FOK (Fill Or Kill)
An order with such validity option must be filled completely and immediately after it is entered in the order book or, if impossible, the order shall be cancelled and removed from the order book.
VFA (Valid For Auction)
An order with such validity option will be processed by the trading system at the Opening Auction or Closing Auction only.
VFC (Valid For Closing)
An order with such validity option will be processed by the trading system at the Closing Auction only.
loan agreement expiration
The date of expiration of the loan agreement, when the borrower will be obliged to repay the whole used amount of the loan to the creditor.
current valuation (market value)
The valuation of securities determined at their current trading price.
marginable value
The valuation of marginable securities according to the rules adopted by the National Depository for Securities.
maintenance margin
Funds or securities provided to secure the payment of Client`s liabilities resulting from derivative positions held in the account.
liability
The amount of funds owed by the Client following the execution of trades for buy orders with the deferred payment option, representing the difference between the value of such trades and the amount of funds deposited for buy orders or partial payment of such trades by the Client.
loans drawn
The currently drawn (used) amount of loan intended for the purchase of securities. In case the Client has more than one active loan agreement, the amount of loans drawn shall represent the total amount of funds drawn under all loan agreements.