There are a few reasons why the investment plan would not fire, or not fully complete the purchase on the date it was intended to:
1. Negative Cash Balance (Non-Margin Accounts)
● If executing an order would result in the account’s cash balance exceeding negative $50, the purchase will skip entirely.
● If the order would bring the account negative but not beyond negative $50, the full order will execute as planned.
● If you do have available margin balances, then the plan will fire.
2. Symbol Not Available for Trading
If a symbol in the investment plan is unavailable for trading on the day the plan is meant to fire, the allocation for that symbol will be excluded for purchases. A position can be disabled for fractional investing for several reasons, but the most common is corporate actions
Example:
○ Investment plan: $100 total, 10% allocation to XYZ.
○ XYZ is unavailable for fractional trading.
○ Result: Invest $90 across the remaining symbols, excluding XYZ.
3. Purchase Amount Below $1
If the calculated purchase amount for a symbol is less than $1, the plan will exclude that order from execution.
Example:
○ Investment plan: $100 total, 0.5% allocation to XYZ.
○ XYZ order would be $0.50.
○ Result: Invest $99.50 across the remaining symbols, excluding XYZ.