Position Limits Service - Rules Overview
The FundApps Position Limits service tracks three kinds of limits:
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Position Limits
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Reporting Levels
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Accountability Levels
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Each level of limits is associated with different obligations.
1. Position Limits are limits that should not be crossed or breached.
2. Reporting Levels are unique in a way that crossing a Reporting Level requires action from the position holder. You can learn more about these rules here.
3. Accountability Levels exist as a notification alert and may require action depending on contract code and market. We recommend contacting FIA/relevant exchange to confirm if action is required.