Add Separately Total Gross Open Long Position Limit and Total Gross Open Short Position Limit in Risk Parameters Overall Account Limits tab
Currently only Total Gross Open Position Limit is available. If RISK wants to put a hard limit on the gross short position, or hard limit on the gross long position, this setting is not enough.
If a client already has a gross short position of 950 lots and we want the client to allow only to buy to hedge his position, the only available option is to increase the Total Gross Open Position Limit by say 1900. With his Commodity and Contract Position Limit is set to 950, his overall net position should stay at 950.
If a client hedges with a 100 lot long position, he can increase his short position by 100 lots as the net effect is still short 950.
Worst case scenario is the client build his short position to 1900 and long position to 950 and his net position is still short 950.
ECat
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ECat
commented
Oleksii at CQG confirmed a hard setting for short only or long only GROSS position is not available on CAST2