Futures Manager Automation Tool

The Futures Manager Automation Tool operates seamlessly as a Windows service on brokers’ servers, providing a user-friendly and customizable solution. Brokers have the flexibility to choose specific Trading Accounts and/or Platform groups for the application of timeline schedules, tailoring the tool’s functionality to their individual needs. When the designated time for action arrives, the tool offers brokers three viable options.

During the Close Only Date and Time, the tool modifies the old future symbol to “close only” while simultaneously transforming the new future symbol to “full trading.” At the Expiration Date and Time, the tool conducts bulk closures of old future symbol positions and adjusts symbol settings to “No Trading.”

Furthermore, at the Close Only Date and Time, the tool repeats the process, modifying the old future symbol to “close only” and transforming the new future symbol to “full trading.” At the Expiration Date and Time, in addition to bulk closing old future symbol positions and modifying symbol settings to “No Trading,” a new identical position is initiated on the new future symbol at its first price.

Finally, during the Close Only Date and Time, the tool once again modifies the old future symbol to “close only” and transforms the new future symbol to “full trading.” At the Expiration Date and Time, it modifies old future symbol positions to the new future symbol name, and a balance transaction is forced to nullify the difference between old contract and new contract prices. This comprehensive set of actions ensures a smooth and automated process, optimizing trading operations for brokers.