Orders / Signals / Positions
Where can I find a list of current futures symbols?
Collective2 supports most American and European futures exchanges. You can find them on our futures symbols page here - https://collective2.eu/symbols
Do you use real-time quotes? Why can't I see real-time prices when I enter a trading signal for my system?
Yes, Collective2 uses real-time quotes to calculate trading system results, but we are not allowed to redistribute the quotes. That is why we do not display them. So: We use real-time pricing internally to calculate your trade fills (execution ...
How Are Expiring Options Contracts Handled?
If you own a long option position, and the option expires in-the-money, Collective2 will automatically exercise your position on the Saturday morning after expiration. This means you will buy or sell the underlying stock. Thus it's important that you ...
Does Collective2 realistically handle dividends?
Yes, we will automatically credit your C2 simulated account with cash dividends when you own a long stock position before ex-dividend date. Similarly, we will debit your account if you have shorted a stock. Note that dividends are included in all ...
What if a price needs to be fixed or an order was executed that should not have? What should I do?
Because often C2 uses a market simulation to determine trade prices, it's possible we'll make an error. If you feel we've made a mistake in one of your trades, please fill out a trouble ticket and a member of our Customer Service Team will try to fix ...
What are the margin requirements for futures?
We use industry-standard SPAN margins. We don't support intraday margins* for any instruments except ES. *Intraday margins are a reduced margin requirement, sometimes allowed by the broker. Just because C2 doesn't allow their use in a C2 Model ...
Are trailing stops supported?
We don't currently support "native" trailing stops at Collective2, and due to the processing resources required, we don't have imminent plans to do so in the near future. However, if you are interested in using trailing stops for a strategy that you ...
How are expiring futures contracts handled?
If you trade futures, it is your responsibility to be aware of when futures contracts stop trading, and if you want to keep a position open you need to roll into the next contract. Collective2 emulates the behaviour of several discount brokers: we ...
Does C2 support MOC (or MOO) orders?
We do not support MOC orders exactly, but we allow you to approximate them by issuing orders that are scheduled to be released at a certain time. How to place Market on Open (MOO) and Market on Close (MOC) orders While C2 does not have MOO or MOC ...
Can I enter a short stock position if the stock is valued under $5?
No, positions for short stocks less than $5 are not accepted. Very few brokers would allow it to be traded in their clients account so it is not an acceptable position that can be opened on a system listed on C2.
What is the max number of orders I can place at one time?
The basic out-of-the-box limits are 120 orders in any given 10-minute interval which works out to 20 orders in any 60 second period. We can loosen this restriction on a case-by-case basis if needed.
What method do you use to calculate the swap rates and settlement dates for the trading record.
Basically we calculate trade profit at the market price at the time the trade is closed. In the C2 simulation we don't wait for a settlement time. If the currency pair is not dollar-denominated then we will convert the P/L to dollars at the moment ...
What are the margin requirements for options?
C2's option margin calculation system is pretty basic, but it covers 80% of the real world. For example, we recognize most simple multi-legged option strategies, including spreads, strangles, and straddles; but we don't always recognize ...
How does C2 determine fills?
We use the ask/bid spread when you place market orders - not the "last" trade price. Let's look at an example. At the instant you submit an order, it will look like this: Thu Jun 16 09:38:31 2016: B:3.5500, A:3.5600, L:3.6300 Notice how the ...
TSX stocks (Toronto)
Symbol Name 'TSX.AAB', 'ABERDEEN INTL INC' 'TSX.AAR', 'PURE INDUSTRIAL REAL ESTATE TR' 'TSX.AAV', 'ADVANTAGE OIL & GAS LTD' 'TSX.ABT', 'ABSOLUTE SOFTWARE CORPORA' 'TSX.ABX', 'BARRICK GOLD CORP' 'TSX.AC', 'AIR CANADA' 'TSX.ACB', 'AURORA CANNABIS ...
LSE stocks (London)
Symbol Description Exchange Type Source symbol Short Symbol Name S.GB.AAL Anglo American LSE UK Equities Stocks GB00B1XZS820 AAL S.GB.ABC Abcam Plc LSE UK Equities Stocks GB00B6774699 ABC S.GB.ABF Associated British Foods LSE UK Equities Stocks ...
Does C2 support binaries?
C2 does not currently support binaries.
My limit order was converted to market. Why?
By default, if we see a price get hit anywhere in the world, then we convert all your autotraders to a market order. This keeps everyone in sync. The downside of this is that during volatile periods, such as the exact market open, an order may be ...
Does C2 support pre-market or after-market stock trading?
You can enter orders any time — whether the market is open or not. However, those orders will not execute outside of regular trading hours — neither for your Model Account, nor for your subscribers. For example, if you enter an order at 17:30 on ...
US stocks
Symbol Name A AGILENT TECHNOLOGIES A.W AGILENT TECHNOLOGIES INC WHEN AA ALCOA AA- ALCOA AA-B ALCOA INC SERIES1 CLASS B PFD AAAP ADVANCED ACCELERATOR APPLICATI AAC AAC HOLDINGS INC AACMZ ASIA CEMENT CORP GLOBAL DEPOSI AADR WCM/BNY MELLON FOCUSED ...
How do I rollover a contract from current month to the next contract month (via C2 Trade Entry screen)?
Simple. 1) Close current contract. 2) Open next contract. This requires two separate transactions.
AutoTrade Fill Algorithm - Convert limit order only when AutoTraders fill
You can choose that Collective2 should refuse to fill your limit orders until at least one real-life AutoTrader of your strategy is filled in his or her brokerage account. Which to choose? There is no "better" or "worse" choice. The best choice ...
Futures rollover
Are futures rollover automatic on C2? No, positions are simply closed at market near contract expiration date (depends on the contract, but usually between 1.5 - 3 days before expiration). So in other words, just like in real life, you need to manage ...
Can I enter calendar spreads in futures?
At this time, C2's simulated margining system does not recognize futures spreads. We hope to add the functionality soon. In the meantime, just because C2 doesn't recognize it, this doesn't mean you can't trade it at C2. Your subscribers will still ...
Is scalping supported?
Scalping is not necessarily supported on C2. However, for Trade Leaders who wish to continue trading in this fashion, we offer the following tips to ensure that your subscribers have a good AutoTrading experience with your strategy: Try to avoid ...
How is marking done by C2 on illiquid options?
Marking-to-market illiquid options is a tricky business, and there is no answer that pleases everyone. For a long time, we used bid-asks, but that drove people crazy and prompted a rash of customer complaints since spreads grew absurd as expiration ...
C2 video - How to enter your first trade signal in your C2 model portfolio?
A C2 video for Trade Leaders (strategy managers or developers) How to enter your first trade signal in your Collective2 model portfolio
How to find a signal ID?
Click Show Order Details in Open Positions table - Click Show More Details in Trading Record table - (If strategy has Autotraders, click Show Autotrade Data button.) NOTE: If you cannot find a recent trade signal ID, check the RECENT SIGNALS ...
C2 video - How to enter your buy/sell signal via C2's Webtrader?
Click here: C2 Webtrader
How to enter a stop loss / profit target order using Webtrader?
Using the Webtrader > Advanced tab, Stop Loss and Profit Target orders can be attached initially only. If you already have an open position, you can place a "StopLoss" or "Profit Target" order anytime using the method below: If Position is Long: ...
Collective2 Options Symbols
The Options Symbology key consists of the following data elements: Security Symbol The security symbol will have a maximum of 5 characters and may contain digits. In those instances where there is a 5 character underlying with a corporate action, the ...
Does C2 support non-USA stock markets?
We support the TSX: Toronto Stock Exchange, C2 symbol: TSX.xxx. Example. The Toronto Stock Exchange's symbol for Air Canada is AC. Therefore you would use the following symbol at C2: TSE.AC. Keep in mind, strategy managers, that your C2 model account ...
Limit orders and stop orders explained
How do I use Limit Orders? Stop Orders? (Or: "How do I tell the strategy to buy/sell when X goes above/below....") We probably get more angry and frustrated questions about Limit and Stop orders than any other subject. First, some background. The ...
Does C2 support non-USA stock markets?
We support the TSX: Toronto Stock Exchange, C2 symbol: TSX.xxx. Example. The Toronto Stock Exchange's symbol for Air Canada is AC. Therefore you would use the following symbol at C2: TSE.AC. Keep in mind, strategy managers, that your C2 model account ...