Midi Loop Recording; note truncated at end of loop.

Here is my question;

I have a midi track. I set it to loop and then start recording (having history set to stack). The problem i have is; any note that is longer than the end of that loop becomes truncated.

Note: I come from cubase 3sx. There the note showed their proper length. That is when I played beyond the length of that actual loop, they showed as such (say 4 bars). i.e reaching beyond the 4th bar.

I found the following two settings; neither of them seemed to resolve my issue;
preferences > evenT display> Split Edit Events, also Preference > Midi > Chase Events

There must be some settings i am missing, no?

File > preference > Editing > Mixing:
Select Controllers in Note Range: Use Extended Note Context