Minimum Holding Period Restriction
The Minimum Holding Period is a special trading restriction to deny trades before a set holding period is met. This restriction only allows a single Holding Period rule.
To create a Minimum Holding Period Restriction, please take the steps outlined below.
Instructions
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Select the Restrictions button in the top right corner of the Pre-Trade Compliance Tool.
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In the top right corner of the screen click New Restriction.
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From the Restriction Method list shown in the Start Here field, select Trading Restriction.
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From the Special Restriction field select Minimum Holding Period.
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Enter a name for the restriction (required).
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Optionally enter a description of the restriction, and a message that traders will receive if they submit an order that triggers the restriction.
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Enter the Rules for this Restriction. Only the Minimum Holding Period rule is supported for this special restriction.
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Number of Calendar days: Enter the number of calendar (not business) days the security must be held before it can be traded.
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Position Type to Restrict: Choose to restrict long positions, short positions, or both.
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Restrict: Choose to restrict a specific instrument/issuer, a specific underlying, or all.
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Choose Save when restriction parameters are set.