Orders accepted and then cancelled by the system

C2 Software Development
1

Hey C2-



I’ve had a successful integration running now for 4 months. Over the last two days, I have seen several of my orders accepted via the API and then immediately CANCELLED by the system. Below is the response I received for one such order (2/26/13).



Can you point out what I am doing wrong?



Thanks,

CB



opening order response AGU

<?xml version=“1.0” encoding=“UTF-8”?>

<collective2>

<ack>Signal Received</ack>

<status>OK</status>

<signalid>79410442</signalid>

<comments>Signal 79410442 accepted for immediate processing.</comments>

<oca />

<delay />

</collective2>



[LINKSYSTEM_77211839]

2

The signal is being canceled because you do not have enough buying power in your Model Account. Error message follows:



Current account cash is $5,076.27; proposed trade requires cash of $7,724.97

3

Thanks for the reply Matthew.



That makes sense. I read (and assumed) that C2 will support a maximum available margin of 50% for stocks. The system is showing:



Margined $0



Is there a configuration change that will enable the system to trade on margin?



Thanks,

CB

4

Any update you can provide?



CB

5

You already have access to 2x leverage for stocks (50% margin) – nothing you need to do – it’s automatic. But C2’s margining system requires you need to be able to put up 50% of a position in cash.