API Support Forum
OEC API > Order Execution > Interpreting Risk violations
Author Topic: Interpreting Risk violations
(4 messages, Page 1 of 1)
Moderators: VPfau
FGingras
Posts: 36
Joined: Oct 15, 2007


Posted: Dec 11, 2007 @ 09:47 AM             Msg. 1 of 4
What is the difference between these two messages? What makes them different?

Risk violation: Max long position sum = 0

Risk violation: Max credit = 0
SergeK
-Developer-
Posts: 475
Joined: Jan 26, 2007


Posted: Dec 11, 2007 @ 10:36 AM             Msg. 2 of 4
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.
FGingras
Posts: 36
Joined: Oct 15, 2007


Posted: Dec 11, 2007 @ 10:54 AM             Msg. 3 of 4
Do you happen to know which one is sent when a margin call is issued?

or can either be sent?
SergeK
-Developer-
Posts: 475
Joined: Jan 26, 2007


Posted: Dec 11, 2007 @ 11:19 AM             Msg. 4 of 4
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