Range to Hold

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Range to Hold

Range to Hold lets you define the lower and upper amounts you would like to hold in the security. You can define these amounts in either dollars, percentage of account, or number of shares.

Here are the options available:

Option	More Information
%	Select to define the range in terms of percentage of account. In the Min and Max fields, enter the minimum and maximum percentage of the account you'd like to hold in the security, in whole numbers. If adding a restriction to a cash security, there must be at least a 1 percent difference between Min and Max. However, for all other securities, these values may be the same number.
$	Select to define the range in terms of dollar amount. In the Min and Max fields, enter the minimum and maximum dollar value of the security you'd like to hold in the account. This option is not available for cash securities.
Shares	Select to define the range in terms of specific share amounts. This option is not available for cash securities.

Option

More Information

Select to define the range in terms of percentage of account.

In the Min and Max fields, enter the minimum and maximum percentage of the account you'd like to hold in the security, in whole numbers.
If adding a restriction to a cash security, there must be at least a 1 percent difference between Min and Max. However, for all other securities, these values may be the same number.

Select to define the range in terms of dollar amount.

In the Min and Max fields, enter the minimum and maximum dollar value of the security you'd like to hold in the account.
This option is not available for cash securities.

Select to define the range in terms of specific share amounts. This option is not available for cash securities.

Security restrictions at the account level, found on the Rebalance & Trade Settings panel, let you restrict a security's trading activity, such as restricting buys and sells, at the account level rather than the global level. You can access these settings by selecting Create Restriction.

Notes

Be aware that:

Once restrictions are set, Tamarac Trading will not recommend trades that violate the restrictions. If you place a directed trade or custom strategy trade that conflicts with the restriction, Tamarac Trading will show an error on the Rebalance Review, alerting you to the conflict.
The Account Security Restrictions bulk report lets you view restrictions added to individual accounts. For more information, see Learn More About Bulk Reports.
If you enable the Approval required for custom strategies that override restrictions option on the System Settings page, you can require approval for any trades generated that violate a security restriction at the account level.
You can create security substitutes for the restricted security and use these during directed trades, rather than trade using the restricted security.

Learn More

For more information on security restrictions, including global and account-level security restrictions, see Security Restrictions.