Risk Budget

Pre-trade caps. The paper / auto-trader executor consults these before admitting an order. Set hardBlock to enforce; leave it off for warning-only mode.

Caps

Max position % (15.0%)

Max sector % (35.0%)

Max leverage (1.00x)

Max VaR % (off)

Hard-block trades that breach caps

What-if

EquitySymbolSharesPrice

Decision: WARN

Post-trade position %: 27.0%
Post-trade sector %: 48.4%
Post-trade leverage: 0.48x

[warn] Position in NVDA would be 27.0% of equity, limit 15.0%
[warn] Sector "Information Technology" exposure would be 48.4% of equity, limit 35.0%