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Home > Terms > English, UK (UE) > Position cheques are not performed
Position cheques are not performed
Position cheques are not performed for accounts which have (1) sold covered calls to open on packaged options (2) closed open positions on packaged options (3) complex option strategies. When either the current order, an open order or an executed order includes one of these three order types, position warnings are not performed for the account. Account position values for the account are not displayed. The message which appears within the Warnings Box specifies whether the current order, an open order or an executed order contains one of these three order types.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
- Product:
- Acronym-Abbreviation:
Other Languages:
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