OmniVest Forum : Risk Control Requests (& other Account Settings) : Short Stocks and Dynamic Lists

You are currently browsing as a guest.
You should logon to access more features

A Self-Moderated Community - ALL MEMBERS, PLEASE READ!
Vote for Members who contribute the most to your trading, and help us moderate content within the Forums.

[Random Quote] -

Current location		Thread information
OmniVest User Forums Risk Control Requests (& other Account Settings) Short Stocks and Dynamic Lists		Last Activity 5/17/2016 11:06 AM 2 replies, 869 viewings

Jump to page : 1
Now viewing page 1 [25 messages per page]

< Previous Thread :: Next Thread >

Printer friendly version

^ Top

John W

Elite

Posts: 654

Joined: 10/11/2012
Location: Sydney, NSW, Australia

User Profile

Subject : Short Stocks and Dynamic Lists
Posted : 4/26/2014 9:38 PM
Post #30113

I recently had 2 short positions reject that were selected using the PRS* dynamic list. This results in wasted short opportunities and throws the TP and OV out of sync with each other.

When short trading at the HRE we ideally want to be comfortable that our short trades selected will be allowed by the broker using their Easy To Borrow list.

Suggestion - Nirvana has a very close relationship with GX. Is it possible to filter short trades generated by any strategy for today's trading against GX's Easy To Borrow list?

Or will this suggestion be unnecessary if there is soon to come real time synchronisation between the TP and OV, causing the next available short to be selected, thus addressing all 3 brokerages at once?

^ Top

Jim Dean

Elite

Posts: 1059

Joined: 10/11/2012
Location: L'ville, GA

User Profile

Subject : RE: Short Stocks and Dynamic Lists
Posted : 4/26/2014 11:04 PM
Post #30121 - In reply to #30113

Isnt the PRN* list intended for shorts?

I agree that OVest/TP combo needs to be improved re it's knowledge of ok and not-ok to short lists, sep for each broker.

But, with upcoming intelligent order processing, hopefully that will be overcome via the "if at first you don't succeed, try try again method.

[Edited by Jim Dean on 4/27/2014 7:24 AM]

^ Top

John W

Elite

Posts: 654

Joined: 10/11/2012
Location: Sydney, NSW, Australia

User Profile

Subject : RE: Short Stocks and Dynamic Lists
Posted : 4/27/2014 12:59 AM
Post #30123 - In reply to #30121

I think any of the lists can be used with short or long, its the underlying system that determines whether trades taken will be short or long or both.

Because I had the issue where the stock was NOT ON the OK to short stocks, I'm just raising this post for Nirvana to check that IOP will cater for shorts using the "if at first you don't succeed, try try again" method.

Jump to page : 1
Now viewing page 1 [25 messages per page]

< Previous Thread :: Next Thread >

Legend			Action		Notification
Administrator Forum Moderator	Registered User Unregistered User		E-Mail this thread to a friend		Toggle e-mail notification

For any problems or issues please contact our Webmaster at webmaster@nirvsys.com.