OmniVest Forum
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Questions on Using the Trade Processor
Clarification on TP warning dialog |
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kmcintyre![]() Posts: 890 Joined: 10/11/2012 Location: Portland, OR ![]() | Yesterday I installed the new TP 4D (as well as the current IB Gateway version). Last night I went to shut down the TP and saw a new dialog box (AFAIK). "The Trade Processor will submit enabled orders immediately if restarted within the configured trading hours." I checked the settings dialogs and didn't see any new controls wrt this behavior. So what I think this means is that I can shut down TP without fear of any order processing occurring immediately. But I should be aware that if I restart TP during the order submission window, pending (active) orders will be immediately placed without user confirmation. So if I anticipate restarting during order submission hours, and think I might not want orders immediately placed, I might want to disable all pending orders before quitting TP (???). Correct? (I typically shut down TP and IBG on Friday afternoon so I can run windows update, java update, and avoid the IB shutdowns the happen Friday night. Then I restart TP/IBG Sunday evening, outside the order submission window. So I don't think any of this applies to me...) Thanks Keith | |
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Barry Cohen![]() Posts: 1844 Joined: 10/11/2012 ![]() | Yes, that's exactly what it means. You described it perfectly. | |
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James McNeill![]() Posts: 68 Joined: 3/8/2013 Location: Victoria, BC, Canada ![]() | I recently had a trade rejected by TP for the following reason. "Broker: Order rejected - reason: Not allowed to open a position: RejectIfOpening" What does this mean ? | |
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Barry Cohen![]() Posts: 1844 Joined: 10/11/2012 ![]() | James, that's a specific broker rejection message from IB, so I don't have that information. If you contact IB, they should be able to give you details about it if you can tell them the symbol & date/time. |