Automated Counterparty Classifier - Counterparty white/blacklist reviews
We've built a flexible automated flow management system which reduces time to action to broker bad flow. Learn more about that at Auto-Classification Summary
Occasionally you may want to override this automation with a manual rule for a specific account. This can be achieved via:
- A blacklist - a list of accounts that can never be classified as the classification
- A whitelist - a list of accounts that are always classified as the classification
Be careful not to create too many manual rules as there is a danger they can become out of date resulting in less optimal management of the flow. More on that here Automation - Manual Business Rules.
We plot the performance of the manual rules (black and white lists) against the automated decision making (which is a good way of checking whether we are doing the right thing:
In the above we see that we've manually blacklisted client accounts that have actually cost $107$/M at the 1hr revaluation
Please see the additional instructional videos:
Adding/Removing a counterparty from the broker list from the Trading overview