What is the Black Swan Event Policy?

Extreme, unscheduled market dislocations — war, political turmoil, terrorist attacks, global crises — can produce abnormal volatility, slippage, and spreads.

If such an event occurs while the market is closed (e.g. over a weekend) or during active trading, Prime's Risk Team may invalidate affected trades at its own discretion — whether the position was held through, opened during, or closed during the event. This determination cannot be appealed.