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SteveL

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Posts: 189

Joined: 10/11/2012
Location: Boulder, CO

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Subject : RE: Questions Regarding GXT Transition to Gar Wood
Posted : 9/2/2016 9:43 PM
Post #36383 - In reply to #36377

Hi Steve2.

re: your 1st item

My experience (with IB IRA margin accounts) with the current TP (thru PR4E released 8/31/2016), and confirmed by Barry that this is a known problem, is that it does NOT "meter in opening orders as the closing orders execute and buying power becomes available."

If you configure TP to submit your order after market open, then all orders will be accepted and execute (assuming you have sufficient equity after the sell orders). But submitting the orders prior to market open, IB will reject all orders which will cause your equity to be exceeded prior to sell orders executing, and TP will not "meter in" those rejected orders. The only way to place the rejected orders is to manually intervene (in my experience).

If you have experience to refute this, I would really appreciate knowing the specifics of your TP configuration.

Thanks.
Deleting message 36383 : RE: Questions Regarding GXT Transition to Gar Wood


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