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Topic: Interpreting Risk violations (4 messages, Page 1 of 1) |
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Moderators: VPfau | |||||
FGingras Posts: 36 Joined: Oct 15, 2007 |
What is the difference between these two messages? What makes them different?
Risk violation: Max long position sum = 0 Risk violation: Max credit = 0 |
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SergeK -Developer- Posts: 475 Joined: Jan 26, 2007 |
Max long position summation is a position sum over all positions. +10 ES, +10 YM = contract sum of 20.
Max Credit checks the margin of the order to be placed against the available value of the account and sets an “overdraft” limit. Max Credit is the amount of extra cash that will be made available for an account should the order call for more than what is available. |
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FGingras Posts: 36 Joined: Oct 15, 2007 |
Do you happen to know which one is sent when a margin call is issued?
or can either be sent? |
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SergeK -Developer- Posts: 475 Joined: Jan 26, 2007 |
In general, both can be sent
- max sum long positions = 0 is for margin call - max credit is when an account is locked from trading For more information on what does happen when there is a margin call, please conact our trade desk. Trade Desk Phone: 800-920-5808 > Option 1 |
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