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Synchronize Account Data With Tamarac Trading
For firms that have both Tamarac Reporting and Tamarac Trading, trading data is synced and becomes available in Tamarac Trading in the following ways:
Daily Sync.Each day, account data in Tamarac is updated, including any trading data. This is the most common way to sync trading data.
Selected Account Sync.If you need to act on any trading data completed today that has not yet synced, you can use Sync Trading Data on an account-by-account basis.
Sync Trading Data allows you to synchronize data from Tamarac Reporting to Tamarac Trading for only the accounts you select. This avoids overwriting the day's trades or other rebalancing activity for all other accounts.
This action replaces all previous trade data for the selected account. If you have pending trades in that account, you will lose those trades. However, you do have the option to place those trades on hold.
The following are common scenarios where you might use Sync Trading Data:
New Accounts.If you add a new account today, that account won't be available for trading until tomorrow. However, if you want to trade within that account today, rebalance that account, or otherwise act on trading data, you can select just the new account and use Sync Trading Data.
Intraday Transactions.If you want to take actions on intraday trades, you can use Sync Trading Data instead of waiting until the following day for the data to sync between Tamarac Reporting and Tamarac Trading.
To sync data for selected accounts, follow these steps:
On the Accounts page, select the account or accounts you want to sync.
Under Actions, click Sync Trading Data.
Confirm the number of days you want to sync each data type for and click Sync.
If the daily sync has already occurred, you are prompted to confirm the sync by typing Overwrite in the confirmation field. This helps prevent inadvertently overwriting rebalancing data.
The following fields exist in both Tamarac Reporting and Tamarac Trading:
Year to date realized gain/loss (this field is not user configurable)
To learn more about the daily sync, see Synchronize Data From Portfolio Accounting System.