For a given fund, can SRT deduct a redemtion fee for a round trip trade? For example, if the fund specifies an X% fee for a trade in and trade out (or vice versa) within Y days, can the system automatically deduct that fee?
Does anyone know if OmniPlan and OmniPlus have this capability?
A similar post has been placed in the Relius area.
Full Version: SRT - redemption fees on round trip trades
QUOTE (Demosthenes @ Feb 26 2004, 10:15 AM) 
For a given fund, can SRT deduct a redemtion fee for a round trip trade? For example, if the fund specifies an X% fee for a trade in and trade out (or vice versa) within Y days, can the system automatically deduct that fee?
SRT does have STRF capabilities. You can tell the system that an X% fee applies on any redemption that has money less than XX days old.
It also has round trip blocking capability. There is logic to block purchases into a fund for X number of days if a redemption over a certain $ threshhold has previously been processed.
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