Angela Duran![]() Veteran ![]() ![]() ![]() Posts: 168 Joined: 10/11/2012 Location: Nirvana Systems ![]() | August 22, 2016 We have not yet provided you with funding information. I expect that document to be sent this week. The information in the thread is provided to help you prepare for the transition. I am not suggesting that any of these steps be completed on the day of this post. Funding Most accounts will transfer using the wire (cash only) or ACAT (cash and open positions) method. If you are running any type of special account that you believe might not qualify for one of these options, please contact the broker now to see if there is any additional paperwork or steps needed. The broker can be reached at 512-623-7774 EXT. 1. Trading Warning Do not place new trades either manually or automatically once the funding transfer has been initiated, until you receive notification that your funds are available at Gar Wood. Automatic trading through all Nirvana Products should be disabled prior to the funds transfer. Attn: Trade Processor Users We recommend closing all OmniVest positions in the trade processor before funding is initiated. Any OV positions left open will become unmanaged and you will not have trading access while funds are being transferred. Stopping Trading in OmniVest You can temporarily stop trading in your OmniVest account by enabling Max Long Allocation and Max Short Allocation both set to 0% on the Trade Sizing tab. This method may be preferred over just disabling automatic entries and exits because it prohibits new signals from being fired into the account while the account is not trading. it is also recommended that you turn off automatic entries and exits for the account. Software Updates (Not available yet) In order to connect to your GXT account through IB, you will need the most current versions of OmniTrader 2016, VisualTrader 11, and the Trade Processor (Trade Processor only if running in desktop mode.) These new versions will provide an option to connect to both GXTrader and GXT/IB. In order to connect to your new GXT account clearing through IB, you will need to select the GXT/IB option. Each active account will be listed in the portfolio dropdown. If you are an OmniTrader or VisualTrader owner and you do not have the most current version of one of these products, please contact sales at 800-880-0338 for a free upgrade. (Current GX Clients only) Login Credentials Your credentials for logging into GXT are not changing. You will use your existing GXTrader user ID and password to login. We will provide a link to change your password in a post-funding email that will contain most if the information here. The user ID and password you created when you set up your Gar Wood account will be used to log into Gar Wood account management. IB will send you a security device in the mail. You will NOT need this for logging into Nirvana products. COR Clearing Please maintain your login credentials on the COR website so that you can easily access your tax statements next year. You will have statements from both COR and IB if you are actively trading in 2016. Again, this information is being provided today in order to set expectations for our GXT clients. |