Hey folks, I've been reading through Live Trading Document and found

https://www.quantconnect.com/docs/live-trading/universe-selection

Saying that universe selection only happens after the market hours.

What is the case if the algorithm were to use ScheduledUniverseSelectionModel during the market hour (say 3:30pm est) to get new universe that day? Would there be discrepency between backtest and live trading in this case? 

Author