Riskvision
An optional module of Stream Clearvision, Riskvision can prevent Stream Clearvision from accepting give-ins if one of the preset limits is breached. As a consequence, incoming give-in trades will not be claimed by Stream Clearvision.
When limits are breached, Riskvision can block the clearing of a specific client’s position. In addition, the option protection mode helps manage risk associated with options close to expiry by enabling users to block the clearing of all options received on a specific account. There is a complementary functionality in Stream Clearvision to avoid triggering Carte Blanche from a defined date before the delivery date. However, it is possible for users to bypass a limit set up in Riskvision using a password in the Stream Clearvision’s Market Watch.
Benefits
- Limits the number of contracts cleared (gross or net, per account) whether they are executions only, Give-ins only or both
- Establishes limits per clip size, meaning that one of the executions cannot exceed the limit
- Offers protection on clearing of short (Sell) options
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