Barry Cohen Icon     Posts: 1844 Joined: 10/11/2012  User Profile | Greetings! We have released an enhancement to the Server version of the Trade Processor. This change applies to the “Delay Opening Orders" Trade Processor setting. The prior behavior of this setting would delay all opening orders and submit them simultaneously at the specified time. The feature was designed to wait for equity from closing orders to become available. The problem with this was that you didn''t know when equity became available, & you might be submitting your open orders several minutes later than when funds were available. The new behavior allows the opening orders to be submitted as soon as equity is freed from the execution of closing orders. It will do so up to the specified time. Ultimately you will see the same executed orders (closing and opening), but with an improved execution time on opening orders when using the Delay Opening Orders feature. Please make sure that your Max Equity setting under Edit>>Trade Settings is less than or equal to your broker account's buying power. For example, a cash account that is dedicated only to OmniVest should be set no higher than 100%. A margin account should be set under 200%. This change is now live on Server Mode Trade Processors only. The next release of the Desktop TP will have this change. | |
