Would it be possible that some type of live alert be sent to the app to notify users when the margins are adjusted for these types of events? It would be ideal if the app margin calculations would also take into account the dynamic margin changes but a simple alert would be hugely beneficial in itself. If the alert could be provided slightly in advance that would help as well (5m, 1h, 1d?).
Being suddenly out of buying power while in the middle of executing certain strategies can be quite devastating. I appreciate if you would please create a enhancement request for this concern.
From a conversation with the trade desk in the past, I understand that there is concern that by forewarning the user, he may take advantage of the upcoming margin reduction to initiate a large position before the event that would be grandfathered in since the margin adjustment allows open positions to remain (at least that is what I was told before). My intent is not to do that although I think if the warnings are given early enough (1d), that the grandfathering option could be removed and positions automatically closed that are over similar to what is done 15m before the close. Otoh, please consider that some longer term position have nothing to do with the news of the day and ideally would not be affected.
Thanks!
Chris
Comment