A few interesting points were brought up by a client in a recent
product demo of Compliace Wise 2. Traders and compliance managers
do not wish to vet and annottate all orders breached. They are only
concerned with the orders that have breached a filter and then
subsequently authorised to market.
This, for example, precludes the order breaching the Net Limits.
As a standard practice, clients on certain channels always have
their Net Limit set to zero. A good example in out client's case
was their Private Advisor Clients. Orders breaching these limits
are simply authorised and released to market as there was no
material breach of any ASIC or house rules.
Filtering such orders would mean that the DTR's only see and
have to annotate those order breaches which matter in terms of
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