Why is there a difference in Infinn balance and back-office balance?
In Infinn, your balance is updated on a live basis, but in your back office, it will be updated after billing at the end of the day.
Example: You have transferred Rs 1 lakh on Monday at 1 PM; it will be updated instantly in your trading terminal (Infinn). However, in the back office, it will be updated after billing at the EOD.
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Brief overview for back-office options like what is the ledger balance, less margin, and net balance?
When you log in to your back office on the dashboard, there are a few options: - 1. Ledger Balance: - The Ledger balance shows the balance available in your ledger report after setting off the trade amount, i.e., after setting off the outstanding ...
Why do the back office and Infinn show different balances?
There can be some differences in the balances of the Back-office and Infinn due to pay-in, payouts, and trade settlement posting. It will be updated as per the settlement date of funds and trades.
What is the difference between the Date and value date in the back office?
In your financial ledger, there are 2 options: One is DATE, and another is VALUE DATE. Date: The timestamp for when the transaction is created in the system. Value Date: A value date is a future date that is used for determining the present value of ...
What is the difference between a Trade book and an Order book in Infinn?
The primary difference between an order book and a trade book is: - Order book: A reflection of all the orders that have been placed. Trade book: A reflection of the trades that have actually been executed.
How do you check the purchase price of the holdings and positions in Infinn?
You can check the average buy price of your holdings in the “Demat Holding” tab in Infinn. For derivative segments, you can check the average buy/sell price of your carry positions in your back office in contract note, trade confirmation, or in net ...