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Rank
This setting allows you to set the assigned rank for the substitute security. When using rank, be aware that:
Ranks in substitute securities work similarly to rank-based models. If a model is underweight, Tamarac Trading will prioritize buying securities with the numerically highest rank. If a model is overweight, Tamarac Trading will prioritize selling securities with the numerically lowest rank.
Substitute securities must be ranked; the available range is 0 to 99.
If you add a substitute to a security in a model that uses ranks, and the model security is restricted, make sure that one of the substitutes is not restricted. Otherwise, the model may leave that portion of the allocation in cash.
For more information on security substitutes, see Security Substitutes.
For more information about maintaining securities, see Maintain Securities.
For more information about using securities, see Learn More About Assets, Liabilities, Securities, and Categories.