The Cash Raise tool allows you to withdraw cash from a model investment for a specific account. You have two options:
Sell a position:
You select a specific contract and amount (in account currency) to raise. The tool will:
- Transfer the position from the model to Independent
- Draft a sell order for the position
- Once executed, the cash will be available in Independent.
Note: If you choose an amount exceeding the maximum available, only the maximum amount will be processed.
Transfer cash directly:
You can transfer free cash directly from the model to Independent for the account:
- Available free cash in the model will be transferred to Independent
- If multiple currencies are available, they may be combined to satisfy the transfer amount
- No draft orders will be created with this option as there is no Sell required here.