Restriction Conflicts
A security cannot exist in multiple restrictions within the same account
Exception
A security can:
Be part of an Equivalent group
AND be used as a substitution target
Equivalent Securities Behavior
Group behavior determines:
Which securities are bought
Which are sold
APM (Managed Portfolio) Override
Direct APM trades override Equivalent Securities logic
Trades execute exactly as defined by the advisor
Long-Short Accounts
Equivalent Securities may behave unpredictably
Long and short positions may net against each other
Contact Client Support before using in these cases
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