Client Global Limit Settings Maintenance.doc
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Client Global Limit Settings Maintenance.doc

ClientGlobalLimitSettingsMaintenance.doc

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TraderUser’sGuideMWSUser’sGuide6/2007B-DATE\@"dd/MM/yy"06/10/24D-ClientGlobalLimitSettingsMaintenanceThisfunctionallowssupervisorstosetgloballimitsettingsthatwillapplytoallclientaccountsbydefault.Thesupervisorspecifiesfivecategoriesofclientgloballimitsettings.Thesesfivecategoriesaregrossturnoverlimit,netturnoverlimit,dailycreditlimit,singletransactionlimitandbuy/sellrestrictions.Afterthesupervisorhasconfirmedtosave,thechangesareeffectiveimmediately.Whenthisfunctionisstarted,itwillbecomeread-only[seeNote1]toothersupervisors.Theseclientgloballimitsettingsareusedasthedefaultclientlimitsettingsinlimitsettingof“ClientMaintenance”.Step1IntheSupervisormenu,click“MaintenanceFunctions”andthenclick“ClientGlobalLimitSettingsMaintenance”.Clickhere.MaintenanceFunctionsClientGlobalLimitSettingsMaintenanceNoteAllinputfieldsarereadonly.ClientGlobalLimitSettingsMaintenance…Step2SetClientGlobalGrossTurnoverLimitforriskchecking[seeNote1and2].SetClientGlobalNetturnoverLimitforriskchecking[seeNote1and3].SetClientGlobalDailyCreditLimitforriskchecking[seeNote1and4].SetClientGlobalSingleTransactionLimitforriskchecking[seeNote1and5].Settheoptiontoallowbuyorsell[seeNote1and6].ClickOKbuttontosavechanges.ClickthecheckboxtoallowBuyand/orSell.EnterDailyCreditLimitEnterSingleTransactionLimitEnterNetTurnoverLimit.EnterGrossTurnoverLimit.ClickOKbutton.NoteIf“UseDefaultClientLimitsettings”inClientMaintenanceisselected,thislimitisappliedinriskchecking.Thisclientglobalgrossturnoverlimitiscomparedagainstthecurrentgrossturnoverofaclientaccount,whereCurrentgrossturnoverofclientaccount=(OrderandtradeutilizationofclientaccountRiskmultiplierCurrencyexchangerate)Thisclientglobalnetturnoverlimitiscomparedagainstthecurrentnetturnoverofaclientaccount,whereCurrentnetturnoverofclientaccount=(BuyorderandtradeutilizationofclientaccountRiskmultiplierCurrencyexchangerate)-(SellorderandtradeutilizationofclientaccountRiskmultiplierCurren