Pre-Trade Limits
Pre-trade controls reject or constrain orders using current and outstanding exposure, price, quantity, credit, message rate, and operational state.
Central questions
- Which checks apply per order, instrument, strategy, account, and firm?
- What state must include unacknowledged or resting orders?
- Which unavailable input causes fail-closed behavior?
Planned model
Pass orders through layered limits while changing positions, prices, outstanding quantities, and session state. Show the exact reason and state for every decision.