Autoinvest order execution time

[Vedran]

AutoInvest - Join the BETA

I would like to address the questions and suggestions about the AutoInvest time window. Why we decided 8 AM local time - our (already live) recurring deposit feature executes the transactions at that time. AutoInvest will use the same payments infrastructure and will also transfer funds at 8 AM local time. We did not see enough value in implementing an artificial delay between fund transfer and investing. Intraday market fluctuations get averaged out in the long term and should not be a concern…