Auto-Flattening

The Active Account Management (AAM) module provides an automated End-of-Day (EOD) flattening feature, configurable on a per-monitor basis. This feature programmatically closes all open positions in a specified trading account at a designated time.

Key Functionality

• User-Configured Flatten Time: The EOD flatten time is set via a 24-hour format string (HH:mm). Time is always interpreted in the US/Eastern time zone.

• Non-Mandatory Feature: EOD flattening is optional. Users can disable this function for individual monitors as needed, with the option to manually disable auto-flatten through a toggle switch. If auto-flattening is disabled for an account, it will require a time to be set again, if and when the user would like to start employing the flatten function again.

• Explicit Configuration: EOD flattening requires explicit time configuration by the user; there is no automatic configuration applied to an account during creation.

• Server-Side Execution: The flattening process is executed by a server-side component. The back-end server executes the flattening logic and generates the appropriate flatten orders. This enables flattening even if and only if the client application (NT8 add-on) is running.

• STOPPED Status Precedence: The EOD flattening operation is subservient to the monitor's STOPPED status. If an account’s monitor has entered a STOPPED state (typically due to a threshold breach) time-based EOD flattening is blocked. Only when a STOPPED monitor has been manually restarted can the time based EOD flattening process re-engage.

• Enabled Monitor Dependency: EOD flattening only executes for enabled monitors, as defined in the UI's enable/disable toggle for a specific account monitor.

• Weekday Operational Scope: The EOD auto-flatten feature executes exclusively on weekdays (Monday-Friday). Weekend functionality is not supported, and is not a replacement for personal oversight of open position in your NT8 accounts.

• CrossTrade Dependency: The EOD flatten function will not execute if the client is not running. The CrossTrade application (the platform itself) must be running on some level to have an auto-flatten engage as expected. Also, for all other intraday monitor and control parameters in AAM to operate properly during live trading, the accounts must be flat each day prior to engagement with the service.

Technical Details

EOD flattening triggers with "best effort" execution. That means CrossTrade will attempt to flatten positions at the time specified. If the account cannot be flattened—because the the CrossTrade client is disconnected—the servers will try again at the top of every 1-minute for up to 5 minutes.

If at the end of 5 minutes the account still cannot be flattened, the servers will stop trying.

Important Notes

• Time Zone: All time inputs are explicitly handled as US/Eastern timezone. Time inputs for EOD flattening cannot be configured in any other timezone.

• Trigger Execution: The execution trigger for EOD flattening occurs at the designated time via a scheduled server-side event. The client connection to the server is required at that moment in time for the feature to be executed.

• Order Type: Flattening uses market orders or matched inverse market orders using NT8’s internal order logic.

Operational Requirements

• Active user monitor configurations are required for EOD flattening actions to occur for any individual user accounts.

• EOD flattening is not dependent on a flat session start like continuous monitoring. As long as the monitor is enabled and CrossTrade is connected, EOD flattening will trigger at the specified time.