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Stop button for Trading Participants
Stop button for Trading Participants
Members are able to trigger a stop action on individual traders, whereby specific trader IDs can be disconnected from the market. Triggering a stop makes it impossible for the trader ID to engage in any further trading activities. It is important to note that a stop action affects all IDs that are part of a trader subgroup.
A stop will set all trading-related Resource Access Levels (RALs) of the specified trader ID to zero for on-exchange orders and OTC transactions.
Triggering a stop action will have the following implications for the affected trader subgroup:
- All open orders and quotes will be deleted.
- Entry and maintenance of orders and quotes will not be allowed.
- Entry of OTC transactions will not be allowed.
- Give-up/take-up processing will not be allowed.
In case a NCM is released, all specific trading RALs have to be re-set manually. Please note: Orders and quotes for a product in state FREEZE will not be deleted by stopping a trader.
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