Hello, the available margin is negative, which means that the margin used by customers when financing to buy or sell securities exceeds the available margin balance. Available margin balance refers to the total margin formed by the conversion of cash, market value of securities and floating surplus generated by margin financing and securities lending, minus the margin balance used by investors in open margin financing and securities lending transactions and related interest and expenses.

The main reasons for the decrease or even negative balance of available margin are as follows:

1. The conversion rate of position securities decreases;

2. The losses of the securities held are relatively large;

3. The original deposit is offset by cash, and then the cash is used to buy securities, which is affected by the discount rate.

Risk disclosure: This information is compiled according to the Internet and does not constitute any investment advice. Investors should not substitute such information for their independent judgment or make decisions only based on such information, and such information does not constitute any trading operation and does not guarantee any income. If you operate by yourself, please pay attention to position control and risk control.