Cash available to trade is defined as the cash dollar amount available for trading in the core account without adding money to the account. This balance includes intraday transaction activity.
For unrestricted cash accounts, all buy trades are debited and all sell trades are credited from the cash available to trade balance as soon as the trade executes, not when the trade settles. For example, if the core is $10,000, a deposit of $10,000 is received today, and the account has a $10,000 credit balance from unsettled activity, the cash available to trade balance would be $30,000.
For cash accounts restricted for free riding or good faith violations, the cash available to trade balance will not include unsettled cash account sale proceeds.