Point Balance

No, not the number of credit card "miles" you have saved. (Only 14 million more to go for the around-the-world tour!) This point balance relates to futures trading.

The term refers to a statement showing the profits and losses for an investor's open futures contracts. It's issued monthly by the investor's futures commission merchant. The document summarizes the current futures contracts, along with the official settlement prices. It's like a monthly inventory of open futures contracts.