Steve2 Elite    Posts: 750 Joined: 10/11/2012 Location: Annapolis, MD  User Profile | I believe that Jim is correct. This needs to be solved by OV and Omnifunds. Hopefully, Nirvana's data provider will enable them to electronically determine ETF leverage as there are new ETFs popping up every day. For US brokers/clearing houses, the margin rules are the same but the time of day they are enforced can vary from clearing house to clearing house. This has implications for when concurrent buy and sell orders can be submitted if an account is trading near margin limits. Omnifunds will need to implement a solution to this that works across all integrated brokers/clearing houses. Hope both of these things are on the Omnifunds to-do list. | |
