Trader Global Limit Settings Maintenance.doc
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Trader Global Limit Settings Maintenance.doc

TraderGlobalLimitSettingsMaintenance.doc

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TraderUser’sGuideMWSUser’sGuide6/2007B-DATE\@"dd/MM/yy"06/10/24D-TraderGlobalLimitSettingsMaintenanceThisfunctionallowssupervisorstosetgloballimitsettingsthatwillapplytoalltradersbydefault.Thesupervisorspecifiesfivecategoriesoftradergloballimitsettings.Thesesfivecategoriesincludegrossturnoverlimit,netturnoverlimit,singletransactionlimit,auto-approvallimitandbuy/sellrestrictions.Afterthesupervisorhasconfirmedtosave,thechangesareeffectiveimmediately.Whenthisfunctionisstarted,itwillbecomeread-only[seeNote1]toothersupervisors.Thesetradergloballimitsettingsareusedasthedefaulttraderlimitsettingsintradingprofileof“UserMaintenance”.Step1IntheSupervisormenu,click“MaintenanceFunctions”andthenclick“TraderGlobalLimitSettingsMaintenance”.MaintenanceFunctionsTraderGlobalLimitSettingsMaintenanceClickhere.NoteAllinputfieldsarereadonly.TraderGlobalLimitSettingsMaintenance…Step2SetTraderGlobalGrossTurnoverLimitforriskchecking[seeNote1and2].SetTraderGlobalNetturnoverLimitforriskchecking[seeNote1and3].SetTraderGlobalSingleTransactionLimitforriskchecking[seeNote1and4].SetTraderGlobalAuto-ApprovalLimitforriskchecking[seeNote1and5].Settheoptiontoallowbuyorsell[seeNote1and6].ClickOKbuttontosavechanges.ClickthecheckboxtoallowBuyand/orSell.ClickOKbutton.EnterAuto-approvalLimit.EnterSingleTransactionLimit.EnterNetTurnoverLimit.EnterGrossTurnoverLimit.NoteIf“UseDefaultTraderLimitsettings”inUserMaintenanceisselected,thislimitisappliedinriskchecking.Thistraderglobalgrossturnoverlimitiscomparedagainstthecurrentgrossturnoverofatrader,whereCurrentgrossturnoveroftrader=(OrderandtradeutilizationoftraderRiskmultiplierCurrencyexchangerate)Thistraderglobalnetturnoverlimitiscomparedagainstthecurrentnetturnoverofatrader,whereCurrentnetturnoveroftrader=(BuyorderandtradeutilizationoftraderRiskmultiplierCurrencyexchangerate)-(SellorderandtradeutilizationoftraderRiskmultiplierCurrencyexchangerate)Thistraderglobalsingletransac