Timed (liquidation) orders
We are required by prop firms to close all positions before the close of a session, or before a big news event. I would like this to be automatic, by placing an order to “flatten all” positions as of a time of day. Otherwise, I have been forced to review all open positions every afternoon and before the FOMC announcements and CPI reports.
This request was merged into another request
Comments7
YHPVY8
Jun 9
•Merged request
•5 votes
Auto Close Positions / Cancel Orders before EOD Cutoff
Similar to Rithmic, could you include the ability to automatically close any open positions and cancel all orders at a user specified time? This is a great risk feature in the event of an unexpected internet or power outage. Within Rithmic I can specify the time I want to auto-liquidate positions and cancel orders ahead of the Top Step EOD cutoff time.
Product Team
Mar 2, 2024
Hello, this already is present and occurs automatically without needing any user input.
Deeyana Angelo
Mar 20, 2024
I think the OP is thinking about time-based auto-liquidate. Ie if we want to liquidate all for lunchtime. So not EOD.
Eric Douglas (Douglas PC)
May 20, 2024
Requesting verification please: Do I need to go back to my computer to close positions before 4:10pm.est, or does the system auto close without breaking rules?
Mohamad Ihdina Soria Hidayat
Mar 21, 2024
I agree with this function. It would allow users to set a specific time when the order will auto close, or the open positions will auto flatten, before EOD.