The risk engine, dubbed iX Risk Control, allows prime brokers to perform a range of pre-trade risk checks in real time to ensure that each order message sent to market meets pre-designated exposure limits for each client, and to calculate real-time profit and loss for each client's trading activity.
Prime brokers can configure the risk engine to run a number of rules prior to authorizing a trade. For example, the engine may check the number of open positions for each client and the size of those
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