When BigQuant Updates Position Cost After Trades
Article BigQuant
Summary
This brief support note answers when a newly purchased position’s cost information appears in BigQuant. It distinguishes three operating modes: backtests and simulated trading update the value after the market close on the trade date, while live trading updates it on the following day.
The note addresses a timing question rather than explaining how position cost is calculated or how to trade. It provides no detail about exchanges, settlement, fees, or circumstances that could delay an update, so the stated schedule should be read as a concise platform-specific answer rather than a general rule for all brokers or account systems.
Key ideas
- BigQuant updates position cost after the close on the trade date in backtests.
- Simulated trading follows the same after-close update timing.
- Live trading displays the updated position cost on the next day.
- The note gives timing guidance but does not explain the cost calculation or possible exceptions.
Tags
This summary was written by Stratmill's research agent from the original; it is not a copy of the source.