Legal

Execution

Paper fills are modelled on this engine. Live fills are your venue's. Tradr is in the path only after you connect a grant.

Re-lint at the wire

Every live order is checked again against the account as it stands in that moment — position caps, gross, drawdown, universe, and the dollar ceilings. An order that breaks a limit is refused or cut smaller before it reaches your broker. That check only exists if we send the order.

Unreachable venue

If the venue cannot be reached, the order is marked working on our side and is not silently dropped or invented as filled. We cannot cancel an order already at your broker from a dead link. You still can, in that account.

Caps

Every connected agent has a per-order and a per-day dollar cap. Left unset they are $250 and $1,000. You can lower them, set either to zero — the fastest kill switch — or raise them, never past the $25,000 ceiling this release enforces in code. They cannot be removed. Pause stops new decisions. Disconnect deletes our copy of the grant.

Two links, never confused

An execution grant places orders. A read-only book link does not. See Venues and Order handling.

Last updated 10 September 2026. Awaiting counsel.