Available & Reserved balances

Available money

Your complete currency balance in any currency is made up of your available balance and your reserved balance. 

Available money is any spare money in your account which has not been reserved against either (i) a purchase order posted on the WhiskyInvestDirect order board or (ii) a pending withdrawal.  You can enter a new purchase order to spend your available balance, or a withdrawal to have it sent back to you.

Reserved money

Your reserved balance is the money which is reserved to settle open orders or withdrawals pending processing.

When you place a purchase order on the order board your available money balance will go down as it is transferred to your reserved balance - where it stays until your order executes or is cancelled.

You can make your reserved money available again by killing open orders.

Available and reserved whisky

You also have available and reserved balances of whisky.  Your available whisky is any which is not reserved against an open sell order posted on the WhiskyInvestDirect order board.  You can enter a sell order to sell your available whisky. 

You can make some of your reserved whisky balance available again by killing any sell orders open on the WhiskyInvestDirect order board.

Overall balance

For both whisky and cash your overall account balance is unaffected by orders which have not yet executed.  Amounts that are available or reserved all contribute towards your overall balance.

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