Automated Trading Orders in Accounts in 5.1
Author: gfparker
Creation Date: 2/10/2009 9:41 AM
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Just so everyone is aware, Fidelity apparently has a backend problem that can effect Automated Trades in WL5.1. If you have options covering a postion in the same account that your using for automated day trades, you may get an error message in WL5.1 saying you cannot sell your day trade because they are covering options even though those shares are incremetal and not covering options. This error message appears in the orders window on WL5.1 and results in you not closing your position. It's been reported to Fidelity and they confirmed that the have a bug somewhere is their new backend software that's causing the problem.
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