alpacahq / Alpaca-API

The Alpaca API is a developer interface for trading operations and market data reception through the Alpaca platform.
https://alpaca.markets/
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Modify day trading protection rules to allow submitting non-extended orders after hours #156

Open whitnable opened 3 years ago

whitnable commented 3 years ago

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.