© 2018 SageTrader, LLC. Member FINRASIPCNFA. All rights reserved.
The risk of loss in trading securities, options, and futures can be substantial. Clients must consider all relevant risk factors, including their own personal financial situation, before trading. Options involve risk and are not suitable for all investors. See the Options Disclosure Document: OCC Characteristics and Risks of Standardized Options. A copy can be requested by calling (855) 809-5941 or via mail to SageTrader, LLC, 340 Pine Street, Suite 501, San Francisco, CA 94104. All contents of this website are for informational purposes only. SageTrader, LLC does not offer investment advice.
Cybersecurity

SageTrader, LLC encourages all of its customers and associates to be diligent in protecting their identity and their accounts.

Clients should note the following ways to help protect accounts

  • Change various logon passwords on a regular basis for trading platform(s), account statements and other systems that pertain to clients trading account. Follow the instructions for using the various combinations available to establish a strong password

  • Avoid using the same password for multiple accounts.

  • Be sure to keep account logons, passwords, PINS, etc. private and do not store on hard drive.

  • Keep computer's operating system current to make sure they have the latest level of protection.

  • Use strong antivirus and firewall-protection on computers and configure security settings to receive automatic updates for your anti-virus, anti-spam and spyware software.

  • Use an owned computer and not a public or shared computer to access financial, trading and sensitive accounts.

  • When finished, be sure to log out completely and close browser.

  • Use extra caution when using wireless connections to access personal information.

  • Be careful of email attachments from unknown sources in addition to emails conveying a so-called sense of urgency and asking to click on links contained in the email.

  • Review account statements regularly to ensure that there is no unauthorized activity.

  • Report immediately to SageTrader any email or other notice requesting information about account, including account number, etc.

  • Report immediately to SageTrader if any personal or business email account has been compromised.

  • Be sure to notify SageTrader immediately when address of record, phone number or email changes. SageTrader will require a signed form indicating these changes.

  • Respond immediately to any IRS notices regarding the possible misuse of your Social Security number.

  • Be extremely careful when disclosing personal information on social media sites.

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Firm API traders:

  • For infrastructure, be sure to be up to date on the latest best practices for firewalls, intrusion detection, and protection for things like DDoS attacks.

  • Establish a procedure for evolving code and management of the release lifecycle.

  • Establish intraday monitoring and logging capabilities to detect unusual activity.

  • Establish additional risk checks on top on what your broker dealer provides as an additional layer of safety and security. Sample checks include, but are not limited to:

  • Excessive Messaging Alert

  • Per Order Settings

    • Max quantity, max notional value

    • Order price vs. bid / ask market data

    • Max orders per side

  • Trading session settings

    • Max orders per second, fills per second

    • Max orders per day

    • Max shares / options traded on day

September 2019