On the Company | Settings | Profile tab, you have the option to enable post trade risk management for your company. When this functionality is enabled at the company level, you have the ability to enable post trade risk actions for all accounts in your company on a per account basis.
To enable post trade risk management for your company, enable the Disable credit loss actions (including Auto-liquidation) setting. If you also want to enable account auto-liquidation as one of the post trade risk management options, you also need to assign an account liquidation user.
Note: For the auto-liquidation functionality to work, ensure that the auto-liquidation user that you assign on the Profile tab is configured with the proper exchange credentials (e.g., Tag 50) required by the applicable exchanges. Any closing orders will be placed to the exchange on behalf of this user. Exchange properties are set for a user on the User | Exchanges tab. If an account auto-liquidation user is not assigned or if the needed User | Exchanges settings are not configured correctly, liquidation will not be started.
When assigning an auto-liquidation user to your company, consider the following:
Note: Perform this procedure before setting a credit limit and enabling the auto-liquidate credit loss action on accounts in your company.
Note: Assign an "account liquidation user" before enabling auto-liquidate on accounts in your company. Auto-liquidation cannot be enabled per account until one liquidation user is assigned in your company.
Post trade risk management is now enabled (active) for your company and can be applied to accounts in your company with credit loss settings assigned.
Post trade risk management is now disabled (inactive) for your company.