Why is my “Available Cash Amount” lower than my Cash Balance?

When placing a trade on a Vue or an individual stock Macrovue will allocate 5% of your available capital at the time to a buffer.

This buffer ensures that the order will be filled in the event that there are any currency movements while the trade is being executed. Market orders on ASX listed stocks will also attract the buffer to ensure that the order is executed successfully in the event of price movements. The buffer amount will be ‘blocked’ while the trade is waiting to be executed and any unused portion will be unblocked once the order is filled. 

For example: If you have $10,000 in funds in your Macrovue cash holdings only $9500.00 will be available to place a trade.