Clear scope before implementation.
Automation can help carry out configured order actions, but orders may be delayed, rejected, partially filled or affected by connectivity, broker systems and market conditions. Execution is not guaranteed.
Ask a scope question ↗- 01Define the order workflow and limits.
- 02Confirm broker behaviour and supported order types.
- 03Agree safeguards for connectivity and rejected orders.
- 04Review logs and operational responsibilities.
Questions to settle in writing
What is supported?
Confirm the broker, account, instruments, APIs, permissions and dependencies for your specific setup.
What will be delivered?
Agree the included functionality, testing, revisions, handover and acceptance criteria before purchase.
What continues after setup?
Confirm maintenance, support hours, renewals, taxes and any third-party charges in writing.