When I sell out of Darwins it seems like a lot of the value - unreasonably much of it - is lost. Like, I might sell 100 dollars worth of the Darwin, but only get 88 dollars. Same fraction if I sell a 1000 dollars worth. This is for darwins where I’ve lost money (so no need for performance fees), and seems to be the case both when selling out for small and big amounts (not a reasonable performance being taken for each order in other words). I also don’t think the Darwin in question (it was NTI this time) had any open trades.
Don’t know if this is relevant, but my account is leveraged.
Could anyone help explain what’s going on?