Automatic order execution in a fund
You can execute your fund's subscriptions and redemptions automatically when you accept NAV.
Setup
Fund settings
Make sure you chose Enable automatic execution and set the settlement cycle in the Fund wizard, Order execution tab (for details about these settings, see Fund wizard in FA Fund Management reference).
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NAV calculation and automatic order execution results
You can calculate NAV in FA Fund Management in the NAV status view. See NAV status view in FA Fund Management reference for more information.
Once you accept NAV:
Executable orders are executed and there are new transactions in the unit holders' portfolios.
Withdrawal and deposit transactions are created by automatic order execution (sum of the subscriptions and redemptions to your fund).
