Overview

SMA refers to the Special Memorandum Account, which represents neither equity nor cash, but rather a line of credit created when the market value of securities in a Reg. T margin account increase in value. Its purpose is to preserve the buying power that unrealized gains provide towards subsequent purchases which, absent this handling, could be assured only by withdrawing excess equity and depositing it at the time the subsequent purchase is made. In that sense, SMA helps to maintain a stable account value and minimize unnecessary funding transactions…

Overview:

When an account holder sells a marginable security, it will typically increase their SMA by 50% of the value of the security sold…

Social Market Analytics (SMA) is a company that uses its patented sentiment scoring model to gather, filter, and analyze Tweets and determine the market sentiment on specific products, now and over time. They produce sentiment and volume scores that range from 4.25 (extremely positive sentiment/high volume) to -4.25 (extremely negative sentiment/low volume). In conjunction with other indicators, these scores may help traders decide whether or not to trade an asset. You can see these values in the Sentiment Scoring tab in the Fundamentals Explorer, in multiple Sentiment Scores columns you can add to Watchlists and other tools, and in Market Scanners (coming soon)…

We incorporate social sentiment scores across all of our trading platforms in the form of:

• Social Sentiment score columns that you can add to your Watchlists and other tools
• A graphical widget in the Fundamentals Research tool…

Score numbers indicate whether the market sentiment is positive or negative and whether Tweet volume is higher or lower than normal. The score range is from 4.25 (extremely positive sentiment/much higher than normal volume) to -4.25 (extremely negative sentiment/much lower than normal volume). Any score above a 3 indicates extremely positive/very high, while any score below -3 indicates extremely negative/very low. In addition to showing scores, sentiment columns are also color-coded for at-a-glance understanding. Color shades range from green at 4.25 down to red at -4.25…