Limiting Leverage in Futures Backtests

Summary

This short question-and-answer concerns a futures backtest in which the account's total assets appear to rise to roughly twice the amount used to buy a stock. The author reports trying several order methods, including placing an order by quantity, by available account value, and by target portfolio weight. They ask how to prevent financing or leverage in the backtest.

The response points to the platform's maximum-leverage setting as the control to inspect. The exchange does not explain how to configure that setting, diagnose why the reported account value changes, or clarify how futures margin and marked positions are represented in the backtest. It provides no reproduced results or further troubleshooting steps, so it identifies a likely configuration area rather than establishing the cause. The discussion is tied to one platform's backtesting interface and may not transfer directly to other systems.

Key ideas

• The question concerns unexpectedly high reported account assets after placing futures backtest orders.
• Several order sizing methods are reported, including quantity, account value, and target portfolio weight.
• The answer directs the user to the platform's maximum-leverage setting to restrict financing.
• The response does not explain the accounting behavior or verify that leverage caused the reported result.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.