Another IB question

[bottomdollar]

Hi All
Further to my new IB account I opened recently and trading the DOW mini (YM) which I made $10 before commission.. I'm still trying to get used to the interface but have found Tsim+ which makes things so much easier!
Anyway, having difficulties understand the statement.. I enclose the pic of it in this post. Can someone explain to me how it works?

I started off with £2000 sterling and traded the DOW mini with it. I made $10 which I need to subtract commission ($2.06 x 2 I believe). I guess this is the £2.22 in the commission bit. £3.16 was my profit after commission.
So my net is £2003.16 but why have they deducted a further £5.38 (which is the sum of my profit and commission)?

Am I missing something here or am just being dumb??? Do I get charge commision to transfer my sterling into USD?

Thanks guys

 

[JonnyT]

You are being dumb...

$10 - $4 comm = $6 profit. i.e. £3.16

JonnyT

 

[bottomdollar]

Thanks JohnnyT!
Do you know what the "ending settled cash" part is and why it's at £1997.78?
Thanks again

 

[frugi]

http://www.interactivebrokers.com/php/generalAccount/statements.php

may help?

 

[bottomdollar]

Thanks... sorry for being a dummy!