Allow Redemption Fees by Default

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Directed Trade Settings on the Rebalancing System Settings page allow you to change the default trade rules you see when you work with directed trades. The Allow redemption fees by default option controls the default setting for the Allow redemption fees trade rule within a directed trade.

These are the options available:

Yes: In a directed trade, Tamarac Trading will default to Yes which means that all trades generated that have redemption fees will be allowed, regardless of whether an account allows trades with redemption fees or not.
No: In a directed trade, Tamarac Trading will default to No which means that trades that have redemption fees won't be allowed, regardless of whether an account allows trades with redemption fees or not.
Use Account Setting: In a directed Trade, Tamarac Trading will default to Use Account Setting which means that trades created in accounts that allow redemption fees will be allowed to make trades that generate redemption fees, but won't be allowed in accounts that do not allow redemption fees.

Note

The setting to either allow or prevent trades that result in redemption fees can be found in each individual account's settings.

important

The settings under Directed Trade Settings will become your default directed trade settings. However, any changes you make to trade rules in an individual directed trade will override these settings.

For more information on directed trades and trade rules in directed trades, see Directed Trades Process and Trade Type and Quantity Definitions in Directed Trades.