To ensure a smooth and compliant trading experience for our customers, we have established guidelines regarding trading the same instrument among multiple Legacy TTTDirect accounts on the same day. Please carefully review the following guidelines and example scenarios to understand the policy and its implications.
Guidelines:
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Prohibition of Same Instrument Trading: It is strictly prohibited to trade the same instrument across multiple Legacy TTTDirect accounts on the same day. The restriction applies to both E-Mini and Micro E-Mini instruments. Each instrument can only be traded by a single Legacy TTTDirect account during a trading day. All involved Legacy TTTDirect Accounts will be deactivated upon violation of this rule.
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Deactivated Account Considerations: If you have multiple Legacy TTTDirect accounts and one becomes deactivated, please note that there is a waiting period of 2 hours before trading the same instrument that was previously traded on the deactivated account. This waiting period ensures proper tracking and prevents any potential misuse.
Example Scenario:
Let's say you have two (2) Legacy TTTDirect accounts: TTTDA #1 and TTTDA #2.
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In the morning, you use TTTDA #1 to trade the E-Mini NASDAQ (NQ).
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To comply with the guidelines, you should not trade the E-Mini NASDAQ (NQ) on TTTDA #2 on the same day. Instead, you can trade a different instrument on TTTDA #2, such as ES/MES, YM/MYM, CL/MCL, etc.
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This diversification of instruments ensures you adhere to the rules and avoid the deactivation of both accounts.
By following these guidelines, you maintain compliance and ensure the smooth operation of both accounts. It's important to diversify the instruments traded across your accounts to fully utilize both accounts without risking deactivation due to policy violations.
Please note: The information above relates to Legacy TTTDirect Accounts, which are scheduled to be phased out in the near future.. For the latest information on our new TTTDirect accounts, please visit our New TTTDirect Plans.