Qualified Retail
The Qualified Retail entitlement allows retail or corporate clients who satisfy the appropriateness criteria to trade derivative products.
Entitlement Summary
| Field | Value | Description |
|---|---|---|
| Name | qualified_retail | The system name used to identify this Entitlement. |
| Applies To | Person, Corporate | Available for both individuals and legal entities. |
| Prerequisites | 1. Onboarded: The entity must have a completed KYC/KYB status. | |
| Outcome | Locked: Approved or Rejected. Rejection triggers a mandatory cooling-off period. |
Specific Requirements
The primary requirement for this entitlement is the Appropriateness Test.
- Questionnaire: The system will issue a
requirementsQuestionnairefor the "Appropriateness Test". - Scoring: The user's answers are scored to determine if they have sufficient knowledge and experience to trade derivatives.
- Failure & Blacklisting:
- If the user fails the test, the entitlement is rejected (
entitlementFailed). - A failure may result in a 30-day or 6-month lock-out period, during which the user cannot re-trigger the entitlement.
- The
entitlementFailedwebhook will include thelock_dateandlock_release_datein the details.
- If the user fails the test, the entitlement is rejected (