Limits Management Clause Samples

Limits Management. 1.1.2.1) System should allow the input of user-defined limit such as, but not limited to: Currency Limit, Counterparty Limits, Issuer Limit and others. 1.1.2.2) System should allow inquiry on usage of credit and market limits relating to the deal type and counterparty 1.1.2.3) System should allow inquiry on available balances of credit and market limits relating to the deal type and counterparty 1.1.2.4) System should automatically update limits upon saving/committing of transactions 1.1.2.5) The system should prompt required authorization when limit is breached