Overview

- Create a Trade Restriction

Overview

Create trade-oriented restrictions that modify the handling of a security, security type, currency, individual account, client, or group.

Restrictions apply to orders based on where the orders originated. The determination of how a restriction applies is systematic and cannot be changed.

• Rebalance
  Applies to orders generated as a result of rebalancing.
• Orders
  Applies to orders created using an order ticket.
• Security Cross Reference
  Applies to orders generated by Security Cross Reference.
• Security Swap
  Applies to orders generated by Security Swap.

Create a Trade Restriction

1. Select Trade > Trading Tools > Trade Restrictions.
2. Select New Restriction.
3. Enter the Restriction Name.

4. Select the Restriction Type.

   Icons indicate which orders the restriction will apply (Rebalance, Orders, Security Cross Reference, Security Swap). A green check mark indicates the restriction will apply; a red x indicates the restriction will not apply. (How Trade Restrictions Apply)

5. Select the scope of the restriction:

   Account
   Group
   Client

   To search for an account, group, or client, select the magnifying glass icon.

6. If the Restriction Type is Security, Security Type, or Currency, do the following:

   For a Security restriction, in the Symbol/CUSIP box, enter the security identifier. (Symbol Lookup or Option Chain Lookup)

   For a Security Type restriction, indicate the security type:

   Foreign Currencies
   Domestic Equities
   Fixed Income
   Global Equities
   Mutual Funds
   Options

   For a Currency restriction, indicate the currency.

7. If required for the Restriction Type, complete the Target Values:

   If you selected Minimum Core Cash Dollars, Minimum Core Cash Dollars (Orders), Minimum Core Cash Percent, or Minimum Core Cash Percent (Orders), enter the minimum dollar amount or minimum percent of core cash to remain in the account.

   If you selected Minimum Trade Size Dollars or Minimum Trade Size Shares, enter the minimum value to trade (in either dollars or shares).

   If you selected Custom Dollars, Custom Weights, or Custom Shares, enter the minimum and maximum values by which you want to restrict:

   - Minimum Enter the minimum amount for the custom restriction.
   - Maximum Enter the maximum amount for the custom restriction.

8. Indicate the Status of the restriction:

   - Active Restriction is in effect as soon as it is created.
   - Inactive Restriction is created, but it is not in effect.

9. To establish a duration during which the restriction is in effect, enter a Start Date and End Date. Use the calendar icons to easily select the dates.

10. To allow orders that trigger a restriction to be saved to the Unsent Orders List, select Allow Override.

    Note
    Imported orders, orders entered on an order ticket, and orders created by Security Cross Reference are eligible for overrides. Orders created from rebalances and Security Swap are not eligible for overrides.

11. Select Save.

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