Overnight Positions

Open positions in the User_Trader will be left overnight unless an End Time is specified. If you leave a position open overnight, all orders associated with the User_Trader are canceled, but the User_Trader remains in your portfolio until the next session, and retains the overnight position.

If an end time is specified, open positions will close with a Market order at the specified time. By specifying end time near to the exchange close, you can simulate what is known as Market on Close or MOC order.

To specify an End Time:

1. In the strategies table, click the End Time column for the User_Trader. A dialofg box appears with checkbox Keep overnight and time setting.
2. Uncheck the Keep overnight checkbox and select end time. The User_Trader will close any open positions with a Market order at the time specified

 

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