Also see: PORTFOLIO REPORTING
The portfolio object is a spreadsheet with many characteristics in common with the quote page object. The key difference is that the portfolio contains only instruments in which the user has an open position. Each row of the portfolio spreadsheet represents an open position in a particular instrument. A position may be long or short, cash or on margin. The portfolio object performs a variety of accounting functions to show the gain or loss in each position and the total gain/loss of the portfolio as price updates are received. The gain/loss calculations are automated for most security types including futures contracts, stocks, mutual funds, bonds, and equity and index options.
Investor/RT Portfolios value all open positions with every tick. Choose from 50 data columns to set up portfolios that instanteously calculate net gain/loss, % gain/loss, annualized % gain/loss, etc. It even maintains a seperate credit and debit balance to handle short sale accounting. Here are some additonal features offered by Investor/RT Portfolios:
Investor/RT provides facilities for entering positions into a portfolio or for entering trading orders. Trading orders, when later confirmed by the user, cause a new position to be added to the portfolio. Investor/RT is designed to support electronic order entry. At present no order execution is available.
The portfolio object enables the user to track dividends and interest earned and interest and commission expenses associated with each position in order to calculate annualized rate of return on each open position.
Each portfolio may be assigned a privacy password to protect the confidentiality of the portfolios. When a password is assigned to a portfolio, the password must be entered when the portfolio is opened for viewing. Portfolio passwords may be changed at any time or eliminated if desired.
The portfolio object in Investor/RT is a spreadsheet object much like the quote page.
The key difference is that the portfolio tracks positions. Each row in a portfolio
represents a position. The columns in the portfolio represent the data items for each
position. These include the name and ticker of the instrument, the number of shares or
contracts, the type of position--long or short, cash or margin, the entry date. Some data
columns are calculated each time an updated quote or trade price arrives for an instrument
which has a position in the portfolio. These include the current value of the position,
the gain/loss, and an annual rate of return on the position.