Which Margin Group is my client in? Do they have enough margin posted with us for their open positions? Here's how to find out.
The Counterparty Summary page in Kooltra provides an overview of all of the key margin information for a client in the Margin Summary section:
Margin Group - the margin group the account is assigned to. If the client is not assigned to a specific margin group, the default margin group will be used to determine their margin requirements (if a default has been defined)
Cash Balance - the net amount of all cash balances held on the account, converted to your base currency
Unrealized P&L - unrealized profit or loss calculated from the mark-to-market valuations of all open positions, converted to your base currency
Equity - represents the liquidation value of the account in base currency, calculated as Cash + Unrealized P&L
Credit Line - any credit that has been provisioned on the account, typically used to supplement initial or variation margining, or facilitate settlements for high value customers. Any Credit Line assigned to an account directly increases/decreases margin excess/deficit
Funds on Hold - cash on client accounts that is being held back and cannot be used against margin requirements or deal funding
Margin Required - amount of margin the counterparty is expected to post, calculated based on their assigned Margin Group. Margin Required is recalculated whenever Positions, Cash Balances, or Rates change.
Margin Excess / Deficit - equal to Equity + Credit Line - Funds on Hold - Margin Required