Partial closure zero quantity exits

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Viewing 15 posts - 1 through 15 (of 15 total)
  • 06/22/2018 at 2:24 PM #74092
    Vonasi

    I’m preparing myself for when the soon to be released partial closure arrives. I have a strategy that opens one position of a calculated size and then closes it in several separate and equal value positions.

    I notice that I get a lot of zero value exits. I put this down to rounding of odd quantities at first but then I noticed that it happens even if the total position size opened can be divided with no remainder left. In the image a position of 9.60 is opened and then closed in ten steps of 0.96 and then a zero quantity exit appears.

    Screenshot_2-5

    Can anyone explain these zero quantity exits?

    06/24/2018 at 2:04 PM #74237
    Vonasi

    Although the first question has not found an answer yet I have a second. I have not manually traded for ages and even then I rarely did partial closures of a position. So can someone please remind me if there is a maximum position size expected by IG when doing a partial closure of a position?

    06/29/2018 at 8:17 AM #74692
    Nicolas

    I can’t replicate the 0 quantity closure.

    I used this code as for testing:

    The 0 closure you are pointing is not a partial close I think, because it is labelled as a “buy exit” and not a sell exit of your buy position.

    06/29/2018 at 8:28 AM #74697
    Vonasi
    Nicolas wrote:

    because it is labelled as a “buy exit” and not a sell exit

    Well spotted! I really should put my glasses on more often! It would be interesting to know why it is there for some trades and not others.

    Also do you know whether IG would expect us to be closing a position size equal or greater than the minimum position size allowed? So for example on a market with minimum position size of 1 I am guessing we cannot do a partial close of 0.5.

    06/29/2018 at 8:34 AM #74699
    Vonasi

    The code I was using was something like this:

     

    06/29/2018 at 4:26 PM #74831
    Vonasi

    I’ve just been ‘Googling’ and I came across this:

    https://prt.md.it-finance.com/IGIndex/features_complete_10_3/features_complete_10_3_prt_en_GB.phtml?#S-103-2

    Screenshot_4-8

    I’m guessing this is just a case of the advertising arriving before the actual product as I can’t get any strategies with partial closures to run in forward testing on demo yet.

    06/29/2018 at 5:27 PM #74844
    robertogozzi

    I was notified, a couple of days ago, by IG of new features already available. Partial closing of trades is one of them. I am not aware if it’s only for manual trading.

    06/29/2018 at 5:58 PM #74854
    Vonasi

    I understand that it is available via PRT for manual trading but I cannot forward test a partial closure auto strategy yet in demo and no one is going to want to put one live without any testing. I have not tested on a live strategy for exactly this reason!

    06/29/2018 at 7:15 PM #74865
    Nicolas

    I confirm that it’s still not live for IG accounts. Wait a couple of days please..

     

    1 user thanked author for this post.
    avatar Vonasi
    08/07/2018 at 2:47 AM #77676
    Bob Bobulus

    I have spoken with IG and they do not seem to know when partial closures will be enabled and have referred me to PRC.  Do we have any updates to when partial closures are being enabled in programmed trading?

    08/08/2018 at 9:12 AM #77750
    Nicolas

    I had the information that partial closure for automatic trading is still in heavy test to make sure everything go well, I think that should expect it on live account by September/October. It is already available for manual trading though.

     

    1 user thanked author for this post.
    avatar Vonasi
    11/18/2018 at 2:26 AM #85123
    Bob Bobulus

    Hi – has anyone had an update on partial closing being enabled for programmed trading?

    1 user thanked author for this post.
    avatar Antus
    01/10/2019 at 3:10 PM #88314
    Leo

    Hi all,
    I asked IG when the option of Partial Closure in  probuilder will be available.
    They reply:
    “might take a long time since there’s only a few people requesting it and we work on a priority list whereas as we implement or initiate a function due to its demand from clients so it may take a while for us to implement this as the demand is too small”
    Then I encourage all of you to request this option and make a bit of pressure.
    Cheers

    01/10/2019 at 3:25 PM #88316
    Nicolas

    Thanks Leo to update everyone on this aspect, this is the news I have:

    You can believe me if I say that it is planned already. In fact, some of the December issues with MTF have caused delays on other server-side developments. So, we just have to wait for it.. 🙂

    03/08/2019 at 2:18 AM #93131
    Bob Bobulus

    I have contacted IG several times now about this partial closure but no progress.  If anyone has had any joy then please do update.

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