The risk limits component is embedded in InfoReach Trade Management (TMS) and HiFREQ systems. It provides risk assessment of every order request and ensures compliance with preconfigured firm-specific trading constraints. Risk compliance covers orders originated manually, algorithmically, via API, or via FIX.
The risk limits component offers many types of predefined risk checks and also allows customers to configure their own rules regarding how certain risk levels are being calculated.
System administrators can configure risk limit checks to apply to a specific user, group of users or all users.
Risk checks can be configured for various custom-defined categories. For example, one can define certain risk check rules for portfolio, strategy, account or global positions.