Term
Buying power
How much your brokerage account lets you spend on new purchases right now: your available cash minus what is already set aside for pending orders and fees, plus credit if the account lends. Not the same as purchasing power, which is about what inflation lets your money buy.
In pesos: If you have $10,000 MXN in cash and a pending buy order for $4,000, your buying power is about $6,000, a little less once the fee on that order is set aside.
Where to go deeper
3/4 6 min Read How a stock exchange actually works What happens between pressing buy and owning a share: the order book, the BMV, its hours, who regulates it, what an index is and what you would see if you walked in.More terms on the same topic
Educational content only: not financial, investment or tax advice. The numbers are examples to understand the idea, not a forecast or a recommendation.