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because it calculates what you can afford at the time you place the order, not at the time it goes through

Posted by: Jane_Citizen on Jan 10, 13:26 in response to rhes001's post Why are the transactions not executed in order ?

IE:

your balance: $100

you order: Cover max STOCK worth $5m (order goes in, will take a couple of minutes to go through)

10 seconds later you order (before cover has been completed): Buy max STOCK at $50/share. HSX calculates that you can afford 2 STOCKs and orders them. (will take a couple of minutes to go through)

(1-2 mins later): Cover goes through. Your balance goes up to $5m +$100

10 seconds later: Buy goes through. You now own 2 x STOCKS valued at approx $100.

It does the trades in order. You just have to have the money already when you place it. HSX isn't going to upsize your order automatically just because you now have more money when the transaction goes through.

My only advice to you if this is really bugging you, is to keep more cash handy.

Why are the transactions not executed in order ? rhes001 Jan 10, 11:10

because it calculates what you can afford at the time you place the order, not at the time it goes through Jane_Citizen Jan 10, 13:26

Upshot = they *are* executed in order. {nm} Jane_Citizen Jan 10, 13:26





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