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Mark Holstius

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Joined: 10/11/2012
Location: Sleepy Hollow, IL

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Subject : RE: Trade Processor Pre Release 4D is posted
Posted : 8/16/2016 10:40 AM
Post #36216 - In reply to #36151

Hi Brian,

I just wanted to comment that OV has to use the Closing price from the day before to arrive at the # of shares to purchase the next morning - and if the symbol jumps up at the Open (definitely possible with leveraged ETFs), then the purchase could be for more $$ than are available in the account and be rejected by the broker...

Just a thought (and why I've set my IRA TP and OV Buying Power to 95% to give a little more "wiggle room").

Best of luck,
Mark

BTW - On the slippage data front, you might be interested my post 2 days ago here;

http://www.omnitrader.com/currentclients/omnivestforum/thread-view.asp?threadid=7751&posts=1

[Edited by Mark Holstius on 8/16/2016 10:43 AM]

Deleting message 36216 : RE: Trade Processor Pre Release 4D is posted


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