Support Board

Date/Time: Wed, 08 May 2024 02:40:12 +0000

Post From: Sometimes life has long complex problems (AMP/TTNet)

[2015-04-16 04:37:46] Link To Thread - Link To Post [Go To First Post]
bekitz3 - Posts: 83
The following thread (SC/TTNet not talking with AMP auto-trim/liquidate) was locked with the following comment from support: Amp/TTnet provides accurate overnight position reporting. We are closing this thread because it is a long complex thread. The thread needs to be re-read carefully. Nowhere was it implied that AMP/TTNet does not provide accurate overnight positions. The issue in the thread is not resolved and most likely will not be. The issue is that the TT risk management software that AMP uses *DOES NOT* communicate in real-time accurately with Sierra Chart. If you flatten or trim an over leveraged position in the last 5 min of the session....beware that you may end up with an unintended position due to this no comm issue. I spoke with an AMP agent on the trade desk a couple of weeks ago and the issue still remains. They have to update Sierra Chart manually during the downtime between sessions which is of no help because the unintended position has already occurred before this. The only way to verify proper trade status is to call the trade desk.....period!!! They openly acknowledge this issue and don't seem to have any interest in resolving it....nor does Sierra Chart. AMP uses real-time account balance to determine over margined scenarios so be sure to have the up to date exchange margin requirements and call their trade desk if you have any doubts.