> For the complete documentation index, see [llms.txt](https://initiativ.gitbook.io/initiativ/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://initiativ.gitbook.io/initiativ/mm_internal/7-risk-controls.md).

# 7 Risk Controls

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**NOT YET DRAFTED.** This chapter will consolidate Trading Limits and Risk Controls, and Order Validation and Entry Controls, the latter referencing rather than duplicating the standalone Order Validation and Entry Controls Specification. It will also carry the Blocked mechanics and the division of trigger authority between the Exchange, the clearing member and the central counterparty. The version 0.1 material it draws on is retained below.
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