Understanding what Buying Power means
Want to know more about Buying Power? Learn what impacts it and where to find how much of it you have.
CIBC Investor’s Edge
May. 07, 2021
2-minute read
What is Buying Power?
Buying Power is an estimated calculation of the funds you have available in your Investor’s Edge account to buy securities. The Buying Power calculation includes:
- Cash balance
- The loan value for marginable securities — only applicable to margin accounts
- Pending cash transfers out
- Open orders that decrease your Buying Power
- Filled orders that haven’t been settled
Where do I find my Buying Power?
You’ll find your Buying Power calculation on your Holdings page — margin accounts only — as well as on all trading pages, so you know how much you have available before you place your order.
How does my buy order impact Buying Power?
When you place a buy order, whether executed or not, the funds are subtracted from your Buying Power right away. You’ll also see the funds used for your buy order in the Estimated Cost section. As long as your buy order remains open, your Buying Power is reduced.
How does my sell order impact Buying Power?
When you place a sell order, the proceeds are not included in your Buying Power calculation right away. Instead, the potential proceeds of your sale are reflected in the Estimated Proceeds section. When the order is filled, you’ll see your Buying Power increase.