Portfolio Net Liquidation Value

Portfolio Net Liquidation Value is the total value of a trader's account if all positions were closed and all collateral was liquidated at current market prices. This metric is the most accurate representation of a trader's current financial standing and is used by margin engines to determine account health.

It takes into account the unrealized profit or loss of all open positions, as well as the value of all collateral assets. Monitoring this value is essential for understanding the overall risk profile of a portfolio.

It provides a clear, real-time picture of how much capital is available to absorb losses or to open new positions.