2.1.6.10 Specify Limit Order Options for Funds

This topic provides information on specifying limit order options for funds details.

For a fund, you can specify the following options for processing limit orders, in the General Operating Rules screen:

• Whether limit orders may be processed for the fund
• Whether future dated transactions are allowed for the fund
• Whether automatic processing in respect of limit orders is allowed for the fund
• The pricing rule to be applicable, if the specified date falls on a holiday

Automatic processing for limit orders involves the automatic generation of buy or sell transactions. If your AMC processes limit orders for third party funds, and must wait for confirmation before processing the orders on the specified dates, you might need to disable automatic processing.

You specify the limit order options in the Limit Order Processing Options section of the General Operating Rules screen.