Description

Type: int

Identifies the action to take or risk model to assume should risk limit be exceeded or breached for the specified party.

Valid values:

  • 0 = Queue inbound
  • 1 = Queue outbound
  • 2 = Reject
  • 3 = Disconnect
  • 4 = Warning
  • 5 = Ping credit check model with revalidation

    Each subsequent order, quote request or quote submission by the Credit

    User must obtain pre-approval. Any open orders, quote requests or quotes are to be cancelled.

  • 6 = Ping credit check model without revalidation

    Each subsequent order, quote request or quote submission by the Credit

    User must obtain pre-approval. Any open orders, quote requests or quotes will remain active.

  • 7 = Push credit check model with revalidation

    Each subsequent order, quote request or quote subnmission by the Credit

    User must be checked against the limit amounts pushed to the trading platform. Any open orders, quote requests or quotes are

    to be cancelled.

  • 8 = Push credit check model without revalidation

    Each subsequent order, quote request or quote subnmission by the Credit

    User must be checked against the limit amounts pushed to the trading platform. Any open orders, quote requests or quotes will

    remain active.

  • 9 = Suspend

    Suspend the Credit User from trading once limit(s) is breached. This is

    considered a "soft" stop.

  • 10 = Halt trading

    Halt or stop the Credit User from trading once limit(s) is breached.

    This is considered a "hard" stop and may require more involved actions to reinstate the Credit User's ability

    to trade.

Used In