Support Board
Date/Time: Tue, 26 Nov 2024 13:17:41 +0000
Post From: Teton Risk Question
| [2023-05-29 18:16:23] |
| User900285 - Posts: 94 |
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Hello, I'm just reading over some of the information for the Auto Liquidation features of Teton Order Routing. From what I understand, there is only one level at which the Daily Net Loss Limit can be set which will trigger 1. Liquidation Only Mode or 2. Auto Liquidation Mode, or both. I was wondering if it could be supported to allow clearing firms to configure separate levels for those two events to occur. For example the clearing firm could set the Auto Liquidation to occur if the account reaches a loss of 70% of the account value. This is in the best interest of the clearing firm to always have enabled. However the client could request for their account to be put into Liquidation Only Mode well before that 70% loss limit is reached. They could request a 5% Daily Net Loss Limit for their account to be put into Liquidation Only mode. The reason for this is that the trader may not want their trades to be liquidated at the lower 5% level but they do want to be put into Liquidation Only Mode. Date Time Of Last Edit: 2023-05-29 18:20:33
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