The reserved cash balance represents cash that has been used to purchase securities and any deferred settlement sale proceeds.
Deferred Settlement is a period in which the standard T + 2 settlement date does not apply. Generally this occurs when the company announces a corporate event such as; a share split, capital reconstruction etc.
Where a security is placed in deferred settlement the funds will not be available within the standard T+ 2 settlement period, and will be deferred until the date specified in the corporate event notice.
Where can I see the reserved cash balance?
The reserved cash balance can be located on the left side panel under the portfolio name. To view the breakdown of the "Reserved" cash, click on the question mark to take you to the cash account tab will displays the details of the reserved cash balance.