New value to OrdRejReason(103) to indicate that the order has generated an algorithmic risk management event. Extension submitted by the Risk Management Working Group. As sell side broker risk management systems become more comprehensive, particularly around broker provided execution algorithms, it is important to convey more information regarding algorithm generated risk management events. Update History...
Upcoming Events
Package
Recommended Risk Control Guidelines (2012)
Provides information around risk management and encourage firms to incorporate best practices in support of their electronic trading platforms.