Using Risk Firewalls
Financial institutions and investors need to prevent unacceptable trading practices from causing damage. Many traders have a large appetite for risk, so they willingly push the envelope. In doing so, a series of trades can violate house or client limits. The firewall rulesets in this chapter show how administrators can define rules that track all the trading activities on the order desk, recording the specific limits and violations of rules. The result is a comprehensive picture of risk mitigation. The Home page of the risk firewalls provides access to the overview of rule violations as well as each of the ruleset pages.
Note: | Instances of firewalls will be persisted. When the application restarts, the firewalls are restored. |