How do real-time rule checks reduce risk compared with end-of-day checks?
Quick answer
Real-time checks breach an account the moment a limit is crossed, so losses cannot run past it. End-of-day or periodic checks let a trader continue trading after crossing a limit, sometimes recovering, sometimes losing far more, and both outcomes cause disputes and payout errors.
Detailed answer
What delayed checks allow:
- A trader breaches at noon, recovers by evening, and is never caught.
- A trader breaches and keeps losing, then disputes when the account is closed hours later.
- Two simultaneous orders both pass a position limit check.
What real-time enforcement gives:
- The breach is decided on the tick that crossed the limit.
- The trader sees it immediately.
- The record shows the exact time and figures.
PropExecutor judges every account on each price tick in the order ticks arrive, never in a batch, and order-level limits are checked inside the transaction that writes each order.
Worked example
A trader's daily floor is $47,500. At 14:00 equity dips to $47,200, then recovers to $49,000 by the close. A real-time check breaches the account at 14:00. An end-of-day check sees $49,000 and lets the account continue, so the rule was never really enforced.
PropExecutor team · Updated