u/lincolnjkc

Hi all,

Getting my legs under me for MerrillEdge and think I understand most of what's going on in the world (at least as it impacts me so far) but I'm having a hard time understanding how mutual fund-like buys are executed/processed/settled.

I know they're generally priced based on EOD NAV, but I also know TTTXX behaves differently since it shows up as a money account and with a fixed $1.00 price.

I'm trying to understand what should be expected when I enter a buy order for TTTXX... E.g. yesterday at ~1PM ET, I had about $7.xx (whoo) left over after transferring some cash from the BofA side to buy some other securities. I entered a buy for 7 x TTTXX and got a "The market is now closed..." message.

This morning I still have an open order an $7.xx sitting in my Cash Balance.

When will that order actually be processed and when is the cutoff for the order to be processed the same day?

Not very consequential in any case but trying to understand the what is expected and why.

TIA!

I think this is the first time I'm asking here for a non-hobbyist reason:

One of my real job clients would like to use their existing access control infrastructure to "lock" and "unlock" software features in their conference rooms based on badge swipe and/or time of day.

In my head, conceptually at least, this is easy -- just add "doors" (maybe an "elevator"?) to the system, and wire the relay that would normally unlock the door hardware to one or more I/Os port on "my" equipment -- when we see that closure (or open) from the access control system we do what we need to do.

The challenge is that they would like the readers to be adjacent to the room control touchpanels -- which are on movable/removable furniture with Ethernet and power as the only existing infrastructure (and more cabling could be a challenge), meanwhile the equipment that needs to get the "unlock" signal is in rack rooms potentially at the other end of the floor if not on entirely different floors.

The cards in circulation seem to be all single format but a mix of HID 125KHz (lots of HID 5455s on campus) while people who only need access to the new buildings on campus are an as-yet-undetermined 13.56MHz "something from HID" (all readers in these buildings are HID Signo 20K)... I need to be everywhere so I have a 125KHz card otherwise I'd have a better idea what they're using in 13.56MHz world .

We're pretty sure the access control platform is something Lenel (we know that's the CCTV infrastructure)

The client is trying to set up a meeting between their various internal teams, us, and the access control contractor but I'm trying to get a handle on options to have some kind of grounded reality about what is or isn't possible.

I know there are all-in-one wireless reader+mortise/panic hardware options out there.. But is there a wireless reader only off the shelf that could live in a table top doghouse and trigger convention relay release? Or some OSDP/Weigand-to-Ethernet-to-OSDP/Weigand bridge (that won't think it's under attack if someone unplugs the reader to get the table out of the room for a fancy dinner?)