Posted: Apr 30, 2009 @ 07:23 PM             Msg. 1 of 2

I tried today to sell (open position) and to buy (close position) one contract of YMM9 - mini Dow $5 with using api.openecry.com and OEC Trader Developer platform.
Sell Price = 8234; Buy Price = 8246. Net loss = 12*$5 = $60. But my balance was decreased - $49.50 immediately when I opened my position and decreased - $60.00 - $49.50 when I closed the position. What are twice -$49.50 ? Commissions? So hi?
Please advice.

---

Boris
Edited by BBigoulaev on Apr 30, 2009 at 07:33 PM

Posted: May 01, 2009 @ 02:29 PM             Msg. 2 of 2

The value of $49.50 ($99 for roundturn) is a special value for detection of misconfigured or empty commissions. In live account this value is refunded once commissions are fixed.