Account Co-ordination is coordinating positions between accounts, or copying positions between users.
It is identified where more than 80% of positions are hedged between accounts, or copied between users, across correlated instruments over at least 5 trades. This applies whether the accounts belong to you or to different traders.
Finotive may look at account relationships, timing, direction, size, instruments, ownership indicators, device and IP data, and other evidence. Account Co-ordination is Prohibited Behaviour / Strategy and may be referred to Risk and Compliance review. Outcomes may apply to all linked accounts.
Copying your own trades with a copier you own and control is still permitted, provided it is not used to hedge or offset positions between accounts.
Related Terms: Sections 7.2, 7.10, 7.18, and 7.19
