What the overview contains
- 1The overview combines available, frozen, positions and product equity into one valuation.
- 2Each position shows quantity, cost, market price, P&L amount and P&L rate.
- 3Today's change compares current equity with start-of-day equity; freezing or releasing funds is not income.
The same money is counted once
Volatility Alliance queued, locked, issued and pending equity is counted in total assets exactly once according to its state — being in a different stage never double-counts it.
Two cases where valuation is unavailable
| Case | What you see | When it clears |
|---|---|---|
| A Volatility Alliance product has a fund cash action in progress | The overview degrades to a skeleton with “valuation pending” instead of failing the whole page | Once that batch of fills is confirmed by the second reviewer and booked |
| A new product on day one, before its first valuation | Units and valuation are not shown yet, while the forced-redemption panel on the same page may already show requestable units | After the first valuation at the daily cut-off (16:00 HKT) |
“Fund cash action in progress” means trade instructions have been generated but the corresponding fills have not yet been confirmed by a second reviewer and booked. See “Volatility Alliance: instructions, in-house execution and maker-checker booking” under Mechanism.