This page is used to set risk parameters for Order Handlers. Risk limits and parameters that apply at the trader level are:
•trade size limit
•trade margin limit
•margin subsystem
•liquidation only
•commodity position limit
•contract position limit
•margin multiplier
Note: These settings do not override omnibus account parameters. They can, however, override account settings for regular and group accounts.
Orders placed by Order Handlers are evaluated using these customizable and non-customizable (fixed) limit and parameter values:
•Allowable Margin Credit = account setting unless trader-level parameter is not enforced
•Allow GoFlat request = account setting
•Buy/Sell Options = all
•Check for the negative balance = account setting
•Commodity Position Limit = trader-level setting, default = not enforced
•Contract Position Limit = trader-level setting, default = not enforced
•Daily Loss Limit = not enforced
•Delta Daily Loss Limit = not enforced
•Disable using Bid/Ask prices in NOV = account setting
•Disable using Bid/Ask prices in OTE = account setting
•Enable cross-margining = account setting unless trader-level parameter is not enforced
•Include NOV in PP = account setting
•Include OTE in DLL/DDLL = n/a (DLL/DDLL are not enforced)
•Include OTE in PP = account setting
•Include UPL in DLL/DDLL = n/a (DLL/DDLL are not enforced)
•Liquidation Only = trader-level setting, default = no
•Reject Risky Market Orders = not enforced
•Trade Futures = yes
To set risk parameters for Order Handler
1. Select Enforced, Not enforced, or Use Account Setting from the trade size limit menu.
Enforced = tells the system to use the specified trade size limit value.
Not enforced = tells the system to ignore this parameter.
Use Account Setting = tells the system to use the account’s trade size limit if that limit is enforced.
2. Do the same for trade margin limit.
3. Select an enforcement level for margin subsystem.
4. Enter a multiplier value that will be used in required margin calculations.
Permissions associated with this page
CAST Users > CAST Permissions > Risk Management > Trader > View Trader Level Risk Parameters
CAST Users > CAST Permissions > Risk Management > Trader > Modify Trader Level Risk Parameters