Although we have put robust pre-trade risk tools in place, unfortunately, emergency situations can occur. When they do, it's important for Clearing Members to be able to take immediate action to limit further exposure.
To arm members for this eventuality, we provide our Clearing Members with a Stop button that they can use to cut off Trading Participants from the market.
When a "Stop" is used on a Trading Participants the following occurs:
When a Clearing Member triggers a stop, it has the following implications for the affected Trading Participant:
The stop will remain in effect until the Clearing Member releases the member in question.
