How to Read Your Account Statement

Your Slay Markets account statement is a complete record of your account, available as a Daily statement (the morning after each trading day) or a Monthly statement, both downloadable as a PDF from your Account Dashboard. It has five main parts: the Account Summary (your total value and margin), the Realized P&L section (closed trades), the Open Positions section (positions still open), the Cash Activity section (deposits, withdrawals, fees, and daily settlement), and the Fees Summary. This guide explains what every line and column on your Slay Markets statement means.

You can view and download your Slay Markets account statement from your Account Dashboard at any time. Follow these steps:

The Account Summary at the top of your Slay Markets statement is a snapshot of your account at the end of the statement period. Your Net Liquidation Value (NLV) is the total current value of your account: your cash balance plus or minus all unrealized gains and losses on open positions — the real-time value of the account. Your Cash Balance is the settled cash in your account, not including any unrealized position gains or losses. Open Trade Equity is the total unrealized gain or loss on all open positions at the settlement price, and Total Equity (Cash Balance plus Open Trade Equity) is another way of expressing NLV. Initial Margin Required is the margin needed to hold all your open positions overnight, and Available Funds (Equity minus Required Margin) is the amount you can use to open new positions or withdraw.

The Realized P&L section of your Slay Markets statement lists every position you opened and closed during the statement period. For each closed trade, your Gross P&L is the profit or loss before fees — calculated as (Exit Price − Entry Price) × Point Value × Quantity for longs, and reversed for shorts. Your Net P&L is the Gross P&L minus all commissions and fees, and is your actual gain or loss on the trade. The Commission & Fees column for each trade is the total charged for the round turn (entry plus exit), which includes three components: the Slay Markets commission, the exchange fee, and the NFA fee. Because a round turn opens and closes the position, these per-side fees are charged twice.

The Open Positions section of your Slay Markets statement lists every position still open at the end of the statement period. For each open position, Unrealized P&L is the gain or loss on the position based on the settlement price — under daily mark-to-market settlement this amount is credited to or debited from your cash balance each session, even though the position remains open. Quantity is shown as positive for long positions and negative for short positions, Average Entry Price is your average price across all entries for that position, and Margin Required is the margin needed to hold the position overnight at the settlement price.

The Cash Activity section of your Slay Markets statement lists every cash movement in and out of your account during the statement period. It records deposits and withdrawals, commissions and exchange fees charged, daily mark-to-market settlement credits and debits, and interest activity:

Slay Markets futures accounts use daily mark-to-market settlement. At the end of each trading session, your unrealized gains and losses are converted to cash based on the exchange settlement price and credited or debited to your cash balance, while your position remains open. The gain or loss is realized in cash daily. This is different from stocks, where gains and losses remain unrealized until you close the position. On your statement, this appears as daily mark-to-market credits and debits in the Cash Activity section.

The Fees Summary on your Slay Markets statement is a consolidated view of all fees charged during the statement period, broken down by type. Every trade carries three fees per side — a Slay Markets commission, an exchange fee, and an NFA fee — and a round turn (open plus close) is charged twice. Your statement separates these into Slay Markets commissions, exchange fees, and NFA fees:

For a full breakdown of how these fees are calculated, see Commissions, Exchange Fees, and NFA Fees.

Slay Markets provides two statement types from your Account Dashboard. A Daily statement shows all activity from the previous trading session and is available the morning after each trading day. A Monthly statement summarizes the full calendar month — including all trades, fees, deposits, and withdrawals — and is available within the first few business days of the following month.

Q: My realized P&L looks different from what I calculated. Why?

A: The most common reason is fees. Your Net P&L is your Gross P&L minus all fees, and every trade carries three fees per side — a Slay Markets commission, an exchange fee, and an NFA fee — charged on both the entry and the exit (the round turn). The Commission & Fees column in your Realized P&L section shows the exact total deducted for each trade. If the difference is not explained by fees, contact support at support@slaymarkets.com.

Q: What is mark-to-market and how does it appear on my statement?

A: Mark-to-market (MTM) is the daily settlement process for futures. At the end of each trading session, the exchange calculates the settlement price for every contract, and your unrealized gains and losses on Slay Markets open positions are converted to cash based on that settlement price while the position stays open. On your statement, this appears as daily MTM credits and debits in the Cash Activity section. This is normal and expected for futures accounts.

Q: How do I download my Slay Markets statement as a PDF?

A: Log in to your Slay Markets Account Dashboard, select "Statements" from the User Profile dropdown (the user icon at the top-right), choose the "Client Statements" Report Type, set your date range, select "Add Filter" then "Client Statements", pick "Daily" or "Monthly" and click "Go", then click a statement to view it as a PDF or use the download button to save it.

Q: What is the difference between Net Liquidation Value and Cash Balance?

A: Your Cash Balance is the settled cash in your Slay Markets account and does not include any unrealized position gains or losses. Net Liquidation Value (NLV) is your Cash Balance plus or minus all unrealized gains and losses on open positions — the real-time total value of your account. When you have no open positions, NLV and Cash Balance are the same.

Q: When are my Slay Markets statements available?

A: Your Slay Markets Daily statement is available the morning after each trading day and shows the previous session's activity. Your Monthly statement is available within the first few business days of the following month and summarizes the full calendar month. Both can be viewed and downloaded as a PDF from your Account Dashboard.