Help Center - Touch rules

Touch rules are rules for mirroring trades. These rules are used to copy trades on an internal account to an external account.

There are two types of touch rules:

Touch - when this type of rule is applied, two identical trades will be opened: one on the Internal account and the other on the External account.
Transfer - when this type of rule is applied, the received transaction will not be recorded in the External account, but in the Internal account it will be recorded as a transaction with the inverted side.

Please note that the type is set only when creating a new rule.

Is enabled - this setting must be enabled for the created rule to trigger.

Options:

Must be sent to fix - it is necessary to enable this checkbox if you want the trades to be sent to FIX. (If all rules regarding sending trades to FIX are matched, the trade is sent to FIX).
Check rate - enable the check box to check whether the price of the trade is in the candle (in a one minute time frame). If not, the trade will still be executed, but the user will be notified that the price of the trade is not in the minute candle.
Transform cash to FX - if there is a need to convert CASH instruments to FX in external accounts specified in the rule (A copy of the instrument is created, but the instrument type is changed from Cash to FX). To the external account the instruments come in the same format as we receive them from the connectors. For example: If CASH instruments come from an exchange, we will also receive CASH in the “External Account”. If you need to convert CASH into foreign currency in external accounts, a checkbox is activated for this purpose.

Accounts:

To account - the account to which the transaction will be copied
From account - account to which the trade initially comes and from which the system will copy it later.
Tariff - fees for the account to which trades are mirrored, i.e. Internal account.
Instrument group - set of instrument groups, which will be accepted according to this rule.

Remote account ids

The Remote account ids filter is designed to distribute transactions to end users.

Explanation: Transactions are received from an external system to one account. Transactions need to be allocated to users' accounts. The users have a Touch Rule created where External account from which the trades will be copied should be specified. Then you set up a Touch Rule where you specify the Remote account ids of that users. After that, the system will distribute the trades to the users' internal accounts.

Note: The Remote account ID field in Access - Account - Executions shows the IDs of the external system of the counterparty on which the transactions were conducted. The data in this field is for the external system and is not related to the platform system. This data is required for end-to-end identification purposes. A transaction received on External account and reflected on Internal account will only be recorded if it has a Remote account ID.

By clicking DUPLICATE you can create a copy of your current setting.

To save your new or edited setting click SAVE in the bottom right of the screen, CANCEL to cancel the changes and SHOW USAGE to view on which accounts this setting is used.