Displaying incorrect Bond Share Positions in AUM section
Currently, all bond positions are displaying the incorrect shares due to Redtail not displaying the ACTUAL share position of each security from the clearing firms FTP file. Redtail instead, takes the dollar AUM dollar balance of each security divided by its security price to equal share amount. This does not work for bonds because with bonds, you need to also multiply the final share total x 100 to display the correct bond price. I don't understand how other Redtail Clients that trade bonds have not complained about this discrepancy.