Free Positions

This compartment goes into greater detail regarding your free positions in the CUSIP specified in the Record Detail Summary area of the page, on the date specified in the Security Summary area.

This compartment contains these columns:

Type. This specifies the position type.
Non-IPO. This specifies the amount of non-IPO position for this specific position type.
IPO. This specifies the amount of position for this specific position type.
Total Position. This amount represents the sum of both the IPO and non-IPO position.

The position types represented here include:

Net Additions (NA) for Non-IPO	This includes your non-IPO securities that are considered collateral.
Minimum Amount (MA) for Non-IPO	This includes your non-IPO securities that are not considered collateral.
Net Additions (NA) for IPO	This includes your IPO securities that are considered collateral.
Minimum Amount (MA) for IPO	This includes your IPO securities that are not considered collateral.
Total Position for Net Additions (NA)	This includes your securities that are considered collateral.
Total Position for Minimum Amount (MA)	This includes your securities that are not considered collateral.
Reserved
Pending Delivery Account (PDA) for Non-IPO	This includes your non-IPO PDA position that is reserved for transactions recycling due to risk management control deficiencies. It has a negative impact on the Total Free position.
Pending Transaction Account (PTA) for Non-IPO	This includes your non-IPO PTA position that is reserved for transactions that recycle as a result of risk management controls that have the PTA indicator turned on. It has a negative impact on Total Free position.
Pending Delivery Account (PDA) for IPO	This includes your IPO PDA position that is reserved for transactions recycling due to risk management control deficiencies.
Pending Transaction Account (PTA) for IPO	This includes your IPO PTA position that is reserved for transactions that recycle as a result of risk management controls that have the PTA indicator turned on.
Total Position for Pending Delivery Account (PDA)	This includes your PDA position that is reserved for transactions that are recycling due to risk management control deficiencies. It has a negative impact on the Total Free position. The total PDA does not include the PTA.
Total Position for Pending Transaction Account (PTA)	This includes your PTA position that is reserved for transactions that are recycling due to risk management controls that have the PTA indicator turned on. It has a negative impact on the Total Free position.
Total Free Available for Non-IPO	This includes the total of your non-IPO MA and non-IPO NA positions, minus your combined PDA and PTA position.
Memo Segregation	This includes your items that are included in DTC’s inventory control mechanism that allows you to protect fully-paid-for securities in your general free account or IPO control account.
Total Free Excess	This amount is computed by subtracting your Memo Segregation position from your Total Free position.
Turnaround / X-Memo (Excludes from Memo Seg)	X-Memo position accounts refer to independent accounts that do not impact other accounts. Therefore, they are not calculated into any of the displayed totals. This includes your XMEMO account: the number of shares that can be delivered outside of your Memo Segregation.
X-Canada	“X-Canada” applies in the situation when the current day is a U.S. holiday but a Canadian work day. This is an amount that is not available for Canadian settlement. The “X-Canada” designation prevents you from delivering shares to Canada that will not be settling in the U.S. until the next business day.