Profit/Losses do not update unless a new trade occurs...

Ironbeam Trading Platform
1

On both the quote matrix AND in the account details widget, I’ve noticed that the Profit/Loss amounts are wrong/old if the position is of something that hasn’t traded much. Instead of updating to something like the current midpoint between the BID/ASK, the calculations are done on the last actual traded price, which gets outdated very quickly.

This makes it difficult to actually see if an open position is at a profit, a loss, and by how much, and who wants to do math on your own to figure that out when you’re trying to trade?!

Can the devs PLEASE fix this so that the PROFIT/LOSS numbers adjust based on what the market is BIDDING/ASKING?

2

Hey @C.D.A ,

We use last price for P/L calculations. Using the ‘mark’ presents its own sets of issues, we can’t always assume the midpoint of a bid ask, especially on more illiquid products is accurate.

Mike Murphy
[email protected]