--- title: Understanding Pre-Trade Credit Checks description: Kooltra’s Pre-Trade Credit Check feature determines whether a trade request may be executed. This article explains how this functionality works, and the configuration options for what should be considered when these checks are performed. --- [Skip to content](https://help.kooltra.com/knowledge-base/understanding-pre-trade-credit-checks#main-content) English Show submenu for translations [Customer portal](https://help.kooltra.com/client-portal?hsLang=en) ![Kooltra\_Logo\_Green\_Eggplant\_RGB-1](https://help.kooltra.com/hs-fs/hubfs/Kooltra_Logo_Green_Eggplant_RGB-1.webp?width=200&height=67&name=Kooltra_Logo_Green_Eggplant_RGB-1.webp) Open main navigation Close main navigation - English Show submenu for translations - [Customer portal](https://help.kooltra.com/client-portal) - [Go to Kooltra Platform](https://kooltracore.cloudforce.com/) [Go to Kooltra Platform](https://kooltracore.cloudforce.com/) Search the knowledge base - There are no suggestions because the search field is empty. 1. [Knowledge Base](https://help.kooltra.com/knowledge-base?hsLang=en) 2. [Risk Management](https://help.kooltra.com/knowledge-base/risk-management?hsLang=en) 3. [Credit Engine](https://help.kooltra.com/knowledge-base/risk-management?hsLang=en#credit-engine) # Understanding Pre-Trade Credit Checks ## Kooltra’s Pre-Trade Credit Check feature determines whether a trade request may be executed. This article explains how this functionality works, and the configuration options for what should be considered when these checks are performed. ### Overview Kooltra’s Pre-Trade Credit Check feature determines whether a trade request may be executed based on whether the trade would result in: - the client breaching their [Margin Requirements](https://help.kooltra.com/knowledge-base/which-margin-group-is-my-client-assigned-to?hsLang=en) - the client exceeding their [Net Open Position (NOP) Limit](https://help.kooltra.com/knowledge-base/understanding-nop-limits?hsLang=en) - the client exceeding their [Spot / Forward Limits](https://help.kooltra.com/knowledge-base/understanding-spot-forward-limits?hsLang=en) The Pre-Trade Credit Check can be configured to consider any or all of these when determining whether a trade may be executed, and can be set at the organisation, profile and user levels. ### Configuration #### Finding the Settings To configure the Pre-Trade Credit Check, follow the steps below: 1. Within the Salesforce backend, go to Setup \> Custom Settings 2. Identify the CreditRiskConfiguration custom setting and click "Manage" as below ![pretradecreditcheck1](https://help.kooltra.com/hs-fs/hubfs/pretradecreditcheck1.png?width=688&height=284&name=pretradecreditcheck1.png)   Configuration Options **EnforceForwardLimit** The transaction will be rejected if it would make the forward utilization of the account exceed the defined [Forward Limit](https://help.kooltra.com/knowledge-base/understanding-spot-forward-limits?hsLang=en) Valid values: "true" or "false" **EnforceMarginLimit** The transaction will be rejected if it would result in [margin excess](https://help.kooltra.com/knowledge-base/which-margin-group-is-my-client-assigned-to?hsLang=en) going negative Valid values: "true" or "false" **EnforceNOPLimit** The transaction will be rejected if it would make the NOP of the account exceed the [NOP Limit](https://help.kooltra.com/knowledge-base/understanding-nop-limits?hsLang=en) Valid values: "true" or "false" **EnforceSpotLimit** The transaction will be rejected if it would make the spot utilization of the account exceed the [Spot Limit](https://help.kooltra.com/knowledge-base/understanding-spot-forward-limits?hsLang=en) Valid values: "true" or "false" **Allow Override** For users with this setting checked, if the trade fails the pre-trade credit check they will receive a warning modal rather than a rejection message, and can confirm if they still want to proceed ### Configuring Organisation-Wide Pre-Trade Credit Check To configure Pre-Trade Credit Check settings for your entire organisation, click ‘New’ above ‘Default Organization Level Value’ on the CreditRiskConfiguration page as below:  ![pretradecreditcheck2](https://help.kooltra.com/hs-fs/hubfs/pretradecreditcheck2.png?width=688&height=233&name=pretradecreditcheck2.png) From here, define which limits you wish to enforce and click Save: ![pretradecreditcheck3](https://help.kooltra.com/hs-fs/hubfs/pretradecreditcheck3.png?width=688&height=413&name=pretradecreditcheck3.png) ### Configuring Pre-Trade Credit Checks for Specific Profiles / Users To configure Pre-Trade Credit Check settings for specific Profiles or Users, click ‘New’ on the CreditRiskConfiguration page as below:  ![pretradecreditcheck4](https://help.kooltra.com/hs-fs/hubfs/pretradecreditcheck4.png?width=688&height=236&name=pretradecreditcheck4.png) From here: 1. Select Profile or User in the ‘Location’ dropdown as required 2. Search for the profile/user you wish to configure the pre-trade credit check for in the box to the right 3. Define which limits you wish to enforce and click Save: ![pretradecreditcheck5](https://help.kooltra.com/hs-fs/hubfs/pretradecreditcheck5.png?width=688&height=417&name=pretradecreditcheck5.png)   - [Getting started](https://help.kooltra.com/knowledge-base/getting-started?hsLang=en#main-content) - [Kooltra Access](https://help.kooltra.com/knowledge-base/getting-started?hsLang=en#kooltra-access) - [Knowledge Resources](https://help.kooltra.com/knowledge-base/getting-started?hsLang=en#knowledge-resources) - [Entity Setup](https://help.kooltra.com/knowledge-base/getting-started?hsLang=en#entity-setup) - [Client Journey at a Glance](https://help.kooltra.com/knowledge-base/client-journey-at-a-glance?hsLang=en#main-content) - [Onboarding and Client Setup](https://help.kooltra.com/knowledge-base/client-journey-at-a-glance?hsLang=en#onboarding-and-client-setup) - [Trading and Settlements](https://help.kooltra.com/knowledge-base/client-journey-at-a-glance?hsLang=en#trading-and-settlements) - [Counterparty Management](https://help.kooltra.com/knowledge-base/counterparty-management?hsLang=en#main-content) - [Counterparty Setup & Management](https://help.kooltra.com/knowledge-base/counterparty-management?hsLang=en#counterparty-setup-management) - [Counterparty Overview](https://help.kooltra.com/knowledge-base/counterparty-management?hsLang=en#counterparty-overview) - [Beneficiaries](https://help.kooltra.com/knowledge-base/counterparty-management?hsLang=en#beneficiaries) - [Data Importing](https://help.kooltra.com/knowledge-base/counterparty-management?hsLang=en#data-importing) - [Trading & Trade Management](https://help.kooltra.com/knowledge-base/trading-trade-management?hsLang=en#main-content) - [Trade Creation & Management](https://help.kooltra.com/knowledge-base/trading-trade-management?hsLang=en#trade-creation-management) - [Spread Groups](https://help.kooltra.com/knowledge-base/trading-trade-management?hsLang=en#spread-groups) - [Trade Blotters](https://help.kooltra.com/knowledge-base/trading-trade-management?hsLang=en#trade-blotters) - [Trade Matching](https://help.kooltra.com/knowledge-base/trading-trade-management?hsLang=en#trade-matching) - [Order Creation & Management](https://help.kooltra.com/knowledge-base/trading-trade-management?hsLang=en#order-creation-management) - [Cash Management](https://help.kooltra.com/knowledge-base/cash-management?hsLang=en#main-content) - [Cashflows & Adjustments](https://help.kooltra.com/knowledge-base/cash-management?hsLang=en#cashflows-adjustments) - [Account Balances](https://help.kooltra.com/knowledge-base/cash-management?hsLang=en#account-balances) - [Settlements](https://help.kooltra.com/knowledge-base/cash-management?hsLang=en#settlements) - [Reconciliation](https://help.kooltra.com/knowledge-base/cash-management?hsLang=en#reconciliation) - [Reporting](https://help.kooltra.com/knowledge-base/reporting?hsLang=en#main-content) - [Custom Reports](https://help.kooltra.com/knowledge-base/reporting?hsLang=en#custom-reports) - [Confirmations & Documentation](https://help.kooltra.com/knowledge-base/reporting?hsLang=en#confirmations-documentation) - [Compliance](https://help.kooltra.com/knowledge-base/compliance?hsLang=en#main-content) - [Regulatory Reporting](https://help.kooltra.com/knowledge-base/compliance?hsLang=en#regulatory-reporting) - [Client Onboarding & KYC](https://help.kooltra.com/knowledge-base/compliance?hsLang=en#client-onboarding-kyc) - [Transaction Risk Monitoring](https://help.kooltra.com/knowledge-base/compliance?hsLang=en#transaction-risk-monitoring) - [Risk Management](https://help.kooltra.com/knowledge-base/risk-management?hsLang=en#main-content) - [Client Margin](https://help.kooltra.com/knowledge-base/risk-management?hsLang=en#client-margin) - [Trading Limits](https://help.kooltra.com/knowledge-base/risk-management?hsLang=en#trading-limits) - [Credit Engine](https://help.kooltra.com/knowledge-base/risk-management?hsLang=en#credit-engine) - [Payments Portal](https://help.kooltra.com/knowledge-base/payments-portal?hsLang=en#main-content) - [Trading & Cash Management](https://help.kooltra.com/knowledge-base/payments-portal?hsLang=en#trading-cash-management) - [Beneficiaries](https://help.kooltra.com/knowledge-base/payments-portal?hsLang=en#beneficiaries) - [Dealer Intervention](https://help.kooltra.com/knowledge-base/payments-portal?hsLang=en#dealer-intervention) - [Blotters & Reports](https://help.kooltra.com/knowledge-base/payments-portal?hsLang=en#blotters-reports) [![Kooltra\_Logo\_Green\_Eggplant\_RGB-1](https://help.kooltra.com/hs-fs/hubfs/Kooltra_Logo_Green_Eggplant_RGB-1.webp?width=200&height=67&name=Kooltra_Logo_Green_Eggplant_RGB-1.webp "Kooltra_Logo_Green_Eggplant_RGB-1")](https://help.kooltra.com/?hsLang=en) kooltra.com Help Center Copyright © 2026, Kooltra, Ltd