AFTAs 2013: Best Risk Management Initiative—International Securities Exchange

With PrecISE’s upgrades, risk and compliance officers are able to monitor trading flow in real time for multiple users, and designate certain parameters designed to moderate trading capabilities. These limits can include maximum order quantity or maximum notional value either on a per-order or per-day basis, while restricted securities can be defined, resulting in the system automatically rejecting an order if it contravenes these rules. Pre-open orders, too, can be automatically cancelled.

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