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Any trading platforms that support LIFO?
Started:January 16th, 2015 (06:28 PM) by austinHodge Views / Replies:280 / 2
Last Reply:January 17th, 2015 (01:04 AM) Attachments:0

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Any trading platforms that support LIFO?

Old January 16th, 2015, 06:28 PM   #1 (permalink)
Trading Apprentice
Houston TX
Futures Experience: Beginner
Platform: IB TWS
Favorite Futures: ES
Posts: 1 since Jan 2015
Thanks: 0 given, 0 received

Any trading platforms that support LIFO?

Are there any trading platforms that support a Last in First Out (LIFO) tax basis? So far, I've tried IB TWS and TradeStation. TWS supports LIFO for stocks but not for futures. Other posts indicate that NinjaTrader also does not support LIFO. Any help is appreciated.

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Old January 16th, 2015, 06:28 PM   #2 (permalink)
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Old January 17th, 2015, 01:04 AM   #3 (permalink)
Elite Member
San Jose, CA
Futures Experience: Intermediate
Platform: Sierra Chart
Broker/Data: IB/IQFeed
Favorite Futures: Futures
Posts: 109 since Jan 2011
Thanks: 54 given, 86 received

Sierra has an option for LIFO trade matching.

It shouldn't really matter for futures tax purposes since futures are marked to market anyway.

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