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Modify day trading protection rules to allow submitting non-extended orders after hours

Open whitnable opened this issue 4 years ago • 0 comments

Currently, the PDT rules can inhibit a user from placing a 'sell' order if a user has no daytrading buying power. If that order however, is placed after hours without extended trading, it won't fill until the next day. It won't therefore create a day trade.

Currently, these orders need to be placed after 12:00 (ie the following day) to not be rejected.

Can an exception be put in place to allow placing after market hours orders?

There was a forum post from a user who had to wait until after midnight to submit their sell orders.

whitnable avatar Jan 25 '21 20:01 whitnable