⚙️Market Fundamentals

Wallet Balance, Used Balance, Market Margin

• Wallet Balance

Represents the balance in the wallet connected to the market.
Source of funds reserved for Initial Margin when an Open Order is created. 

• Used Balance

Represents the total of:
Initial Margins of Currently Open Orders
Initial Margins of Currently Open Positions
Market Margins

• Market Margin

Represents the total of:
Initial Margins of Open Positions in the Current Market
Margin Added to the Current Market

MTM - Mark To Market

The MTM (Mark To Market) button updates the value of open positions to reflect their current market price. This process involves calculating the unrealized profit or loss based on the latest market prices and adjusting the account balances of both parties in the transaction accordingly. It ensures that the value of holdings is accurate and up-to-date, providing a clear picture of the current financial position.