You can set trading limits on sub accounts to control the size and amounts that authorized traders can trade. You enter trading limits in Account Management and your entries are effective as of the next business day.
To view and set trading limits
Click Manage Traders > Trading > Limits.
Use the Account Selector to search for a client account by Account ID, Account Title or Account Alias, then click the desired account.
The Account Selector is closed once you select an account. To change the selected account, click the tab to open the Account Selector, and then click a different account.
The page updates to display three expandable trading limit sections:
To set order value limits, click to expand that section, enter values and click Continue:
Dollar Value Per Order - The total value of any one order, in millions of dollars. For example, a value of .5 = a limit of 500,000 USD.
Net Dollar Value Per Order - The net value of buys and sells for an entire trading day, in millions of dollars. For example, if you bought 50 million and sold 15 million in a day, the net dollar value for that day would be 35 million.
Gross Dollar Value Per Order - The aggregate value of buys and sells for an entire trading day. For example, if you bought 50 million and sold 15 million in a day, the gross dollar value for that day would be 65 million.
To set order quantity limits, click to expand that section, then enter order quantity limits for: cash, stock (STK), futures (FUT), options (OPT), futures options (FOP), warrants (WAR), bonds, contracts for differences (CFD), or Dutch warrants (IOPT). Click Continue when you are done entering values.
To set Exchange for Physical Limits, click to expand that section, then enter values for any of the following, then click Continue:
Maximum Nominal Exchange for Physical Per Order - The total value of any one Exchange for Physical (EFP) order, in millions of dollars.
Maximum Net Exchange for Physical Per Trades - The net value of EFP buys and sells for an entire trading day, in millions of dollars.
Maximum Gross Exchange for Physical Trades - The aggregate value of EFP buys and sells for an entire trading day. For example, if you bought 50 million and sold 15 million in a day, the gross dollar value for that day would be 65 million.
Verify your changes on the Verify Trading Limits, then click Continue.
Click Back if you need to make further changes.
A confirmation number is sent to your email address of record. Enter this number on the Confirmation page that appears, then click Continue.
New trading limits and changes to existing trading limits go into effect on the next business day.
