Trading Order Ticket Limits for Equities and Options
As a risk management measure Redbridge and our Clearing Firm have trading order ticket limits for the number of equity shares, number of option contracts, equity and option order dollar amounts, and option notional value, per order ticket. If your trade order exceeds these limits, it may be rejected. You may be required to enter multiple trade orders to achieve your intended original order.
| Type | Ticket Limits |
|---|---|
| Equity Shares | 499,000 |
| Equity Order Dollar Amounts | $2,500,000 |
| Option Contracts | 500 |
| Option Order Dollar Amounts | $1,000,000 |
| Option Notional Value* | $3,000,000 |
- Option Notional Value = Strike Price * contracts * SPC