Manage Restrictions
The Pre-Trade Compliance tool is designed to create, store and apply position and trade-related rules and restrictions to
Trading Restrictions are created using one or multiple “rules,” that specify an order be either restricted or allowed if any or all specified conditions are met.
Special Restrictions do not fall under any of the restriction categories, for example the Minimum Holding Period trading restriction which only supports one rule.
Holding Restrictions check current holdings against one or multiple rules in the restriction. If a holding restriction is violated, a notification is sent. Holding Restrictions trigger notifications only, and do not restrict trading.
Lookup Restrictions prevent looking up market data for specific product or security types.
WhiteList Symbol Restrictions override any symbol restrictions you have set to allow trading in specified symbols and their derivatives.
You can view a list of all restrictions from the Restrictions Library.
Restrictions can be applied individually to accounts or users, or at the global level as “Family” restrictions that are inherited by all sub-accounts, both current and future.
Restrictions at the account level are applied simultaneously with those that are inherited. If two restrictions overlap, they are “netted.” For example, if an account level restriction called "Limited Hours" dictates trading hours between 10:00 am and 1:00 pm, and an inherited family restriction called "Restricted Hours" limits trading hours from 11:00 am to 3:00 pm, that account will have restricted trading hours that run from 10:00 am to 3:00 pm.
See the history of a restriction by selecting the restriction in the Restrictions Library and then selecting History in the upper right corner of the Settings page.