Trading Crypto at Composer
When you invest in a symphony or set of symphonies, Composer uses an automated trading system to execute trades to follow the symphony logic:
- Execution Time: Composer aggregates all trades and executes them during the set daily trading period, which runs from 3:45 to 4:00 PM Eastern Time.
- Target Allocations: Overweight cryptocurrencies are sold and the funds are used to buy into underweight cryptocurrencies, aiming for target symphony allocations across your portfolio.
- Portfolio Updates: Your portfolio information is updated after trading activities are completed during the daily trading period.
For traders who want flexibility beyond scheduled symphony rebalances, Composer also offers manual trading tools:
- Buy Now / Sell Now: Execute a trade on any supported cryptocurrency at any time, without waiting for the daily trading window.
- Run Now: Instantly rebalance a symphony according to its current logic, allowing you to take action based on real-time market conditions.
These manual tools let you react to breaking news, price moves, or personal investment decisions immediately without relying on the next scheduled trade.
This feature is ideal for traders who want the automation of symphonies but still want the ability to step in and execute trades on their own terms when it matters.
Manual trading actions are available 24/7 for crypto trading and give you the freedom to blend automation with hands-on execution.
Editing Your Symphony
You can change symphony logic, the cryptocurrencies the symphony holds, and the frequency with which the symphony trades. If you make changes to your symphony, these changes will be executed the next time your symphony is set to trade.
For example, if you adjust your symphony from 60% BTC and 40% ETH to 50% BTC and 50% ETH, the reallocation will happen the next time the symphony is set to trade, depending on the symphony’s set trading frequency.
Symphony Buys and Sells
Before the Trading Period: Symphony buys or sells before 3:30 PM Eastern Time are generally executed the same day, but are not guaranteed to do so. Otherwise, they will be processed the next trading day.
Order Types and Trade Execution
The primary way you provide Composer instructions about what cryptocurrencies you want to buy or sell is by creating and investing in symphonies.
- Orders Not Held: Please note that all instructions are considered ‘not held’ orders. A ‘not held’ order provides Composer Crypto with price and time discretion in handling the order.
- Time and Price Discretion: Composer exercises time and price discretion with regard to execution. The exercise of time and price discretion has a direct impact on trading and the fill prices the customer can expect to receive. Before placing orders to buy or sell specific cryptocurrencies through the Composer platform, customers are encouraged to consider the extent to which they wish to control price per share and time decisions within their personal trading and investment strategy. Customers who determine such control to be important to their strategy may need to consider alternative investment platforms for those strategies.
If you have any questions or need help finding your Account Number(s), please contact us at crypto.help@composer.trade.