Fat Finger Price Check
This functionality (Order Price Limit) is separate from PRM and is set market wide for all participants by the exchange. Fat Finger Price Checks compares price instructions on incoming orders against a reference price. If the order deviate more than an order book configured parameter, the order will be rejected before it can execute.
Max Order Quantity Check
Max Order Quantity Checks provide users the ability to check order volume against a pre-set value.
Daily Accumulated Quantity Checks
Accumulates quantity counters throughout the current trading day. Once volume hits the maximum configured value, new orders sent will be rejected. Multiple accumulation checks are available.
Maximum Order Rate Per Second Checks
Set limits on allowed orders/sec rates on a per Pre-Trade Limits Group basis.
If the sponsor loses its connection, associated sponsored clients are blocked in the same way as if a limit is breached.
PRM E-Mail NotificationsPRM Administration Interface
PRM sends notifications when limits are breached or warning levels are reached.
An easy to use PRM Administration interface, is provided, that provides direct control of your PRM account configuration, including the ability to perform emergency actions.