At what time are orders for the next day accepted?
Author: djmundus
Creation Date: 7/23/2018 8:56 PM
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djmundus

#1

7/23/2018 8:56 PM

I've been paper trading a number of different strategies. I run my data update at 2 pm PDT and then my daily strategy run when it completes.

If I place all of the orders for my strategy around that time, the orders get accepted and then immediately canceled because the market is closed for the day. Do I have to wait until midnight EDT to submit my orders? Or is there a way I can have my strategies submit a GTC order that won't be immediately cancelled?

Thx.

C
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Eugene

#2

7/23/2018 9:05 PM

QUOTE:
I run my data update at 2 pm PDT

You shouldn't update the data that soon:

Fidelity Static Provider Data Corrections

QUOTE:
At what time does Fidelity accept orders for the next day?

So, is this "Fidelity" or actually "Paper trader" as I assume? Paper Trading doesn't work outside of hours defined in "US Equities" (by default).
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djmundus

#3

7/23/2018 10:02 PM

Thanks Eugene!
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Eugene

#4

7/24/2018 5:42 AM

You're welcome. I guess this was the 'paper trader' so let's rename the topic title accordingly.
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