> ## Documentation Index
> Fetch the complete documentation index at: https://tbignite.mintlify.site/llms.txt
> Use this file to discover all available pages before exploring further.

# Glossary

> Definitions for the core concepts used across Tickblaze Manager - identity, entitlements, challenges, drawdown, accounts, and risk.

Definitions for the vocabulary used across this guide. Terms are grouped by theme; use search or your browser's find to jump to one.

## Users and identity

| Term | Definition |
| - | - |
| Pro / Non-Pro | Market-data classification chosen by self-certification at first login. **Both classes get real-time data.** Non-Pro (retail / personal use) is charged for **L1 only** - "no professional fee" means no *professional* fee, not free - and can buy L2 separately; Pro (licensed or institutional) requires both L1 and L2 and pays professional fees (the firm sets the price it charges its customers). Applies across all Tickblaze firms and persists. It can only be changed by a **Reset self-certification** - performed by the firm or the Tickblaze team when the trader picked the wrong classification by mistake - which lets them choose again. |
| Self-certification | The user's own Pro/Non-Pro selection at first login. Cross-firm: it applies everywhere they trade on Tickblaze. |
| Reset self-certification | A support action, performed by the firm or the Tickblaze team, that re-prompts the user to choose Pro/Non-Pro on their next login. Used when the first selection was a mistake - the trader can then select a different classification. The firm also contacts Tickblaze to revert any incorrect Pro charge. |
| Related emails | Other email addresses belonging to the same person that the **Tickblaze team has merged** into this profile. If you spot a trader using more than one address, tell the Tickblaze team and they can merge them; the merged addresses then appear in this column. |
| Deduplication | Tickblaze-side process of merging several emails for the same person into a single identity that the platform treats as the real one. |
| Blocked | The user cannot trade. Set on the user record. Different from Disabled. |
| Disabled | The user record is deactivated. Different from Blocked. |
| Trading status | Whether a user can place trades right now - a combination of status, Blocked state, account state, and entitlement (Permission for one user to receive a particular exchange's market data.). |
| KYC (Know Your Customer - the identity checks a trader completes with your firm's verification provider.) / KYB | Know Your Customer / Know Your Business - identity verification, optionally run through a firm-chosen provider. |
| Order revenue | A customer-value field shown only for firms using their own payment provider. Not a Tickblaze billing figure. |

## Entitlements and market data

| Term | Definition |
| - | - |
| Entitlement | Per-user authorization to receive market data from a specific exchange (CBOT, CME, COMEX, NYMEX, or Nasdaq). |
| L1 data | Level 1 market data - top of book. |
| L2 data | Level 2 market data - full depth of book. |
| Authorization status | Whether a user's entitlement for an exchange is **Authorized**, **Revoked**, or **Pending**. |
| Data level | The depth a user is entitled to - L1, L2, or both. |

## Challenges and phases

| Term | Definition |
| - | - |
| Challenge | An evaluation product a trader buys. Defines balance, rules, tradable markets, and the number of phases. |
| Short code | An optional suffix appended to account numbers, for example `DD-50K`. |
| Step | Which position a phase holds in the sequence (1, 2, 3). |
| Phase | A stage of a multi-step challenge, such as Evaluation or Payout. |
| Initial balance | The starting balance for accounts created under a challenge. |
| Swap mode | Normal (overnight fees apply) or Swap Free (no overnight fees). Most prop firms run Swap Free. |
| Broker type | The OMS (Order management system - the engine that receives orders and routes them to the market.) or trading platform a challenge connects to. |
| Target profit % | Profit needed to complete a phase, on a 0.01–1.00 scale (0.10 = 10%). |
| Consistency % | A phase field recording your firm's consistency rule - comparing a trader's largest winning day against their other days. **The drawdown engine does not evaluate it**, so nothing on the platform fails an account for breaching it; enforcement is the firm's own. See [Challenge phases](https://tbignite.mintlify.site/challenge-phases.md#targets). |
| Leverage | Per-phase leverage. 1 for stocks; left blank for futures. |
| Live phase | Marks a phase as real-money. Tickblaze is currently simulation-only, so this is left unchecked. |
| News trading | Two separate things: the challenge flag **News trading enabled** is **not functional yet** - leave it off. The **News trading** count on Account details is **informational only**; automatic detection is still being built. |
| Tradable exchange | A per-challenge exchange the account may trade. Must match an existing data entitlement. |
| Individual tradable symbol | A per-challenge symbol rule; its max order and position sizes override the challenge defaults. |
| Default max order size | The challenge-level fallback for maximum order size. |
| Max position size (account) | The challenge-level cap on total open positions. For futures, 1 unit = 1 mini or 10 micros. |

## Drawdown

| Term | Definition |
| - | - |
| Drawdown (static) | A fixed loss threshold from the initial balance. It does not move. See [Static](https://tbignite.mintlify.site/drawdown-and-failure.md#static). |
| Drawdown (intraday trailing) | A threshold that follows **Peak equity** up for the life of the account, including unrealized profit. It is never scoped to, or reset at, a day. (End-of-day trailing is different - it follows the highest **closing** balance.) Once it moves up, it never moves back down. See [Trailing](https://tbignite.mintlify.site/drawdown-and-failure.md#trailing-intraday). |
| Drawdown (end-of-day trailing) | A threshold that updates only at end of day, based on the closing balance. It does not move during the day. See [End of day](https://tbignite.mintlify.site/drawdown-and-failure.md#end-of-day). |
| Global DD threshold | The maximum drawdown for the whole account, in dollars - the field is labelled **Global DD threshold** on the phase form. |
| Daily drawdown | A daily loss limit in dollars. Always required as a value; enforcement depends on Check daily drawdown. |
| Check daily drawdown | Toggles whether the Daily drawdown value is enforced or just informational. |
| Failure threshold | The equity floor (balance plus unrealized PnL) at which an account fails - derived from the Global drawdown threshold and drawdown type (Which maximum-loss rule the account uses: a fixed limit, or a trailing limit that moves up as the account makes new highs.). See [the one rule](https://tbignite.mintlify.site/drawdown-and-failure.md#the-one-rule). |
| Max trailing DD limit | An **offset** above the initial balance: a trailing floor stops climbing at `initial balance + this value`. On a \$50,000 account, `100` gives a ceiling of \$50,100 and `0` gives \$50,000 - the initial balance itself. Only takes effect when Lock trailing drawdown is on. |
| Lock trailing drawdown | Activates the Max trailing drawdown limit. Without it, the limit value does nothing. |
| Lock drawdown on withdrawal | Preserves the drawdown buffer at withdrawal time, so a trader is not penalized for withdrawing. |
| Soft breach (The moment an account crosses one of its loss limits.) | Applies only to the daily drawdown. With Check daily drawdown on, hitting the daily limit **flattens every position and cancels every order**, and the account cannot trade for the rest of that session - instead of failing it. The account is **not** failed, and it resumes at the **next session open** (futures 6:00 PM EST), not at the 5:00 PM close. |
| Hard breach | With Check daily drawdown on and Soft breach off, hitting the daily limit fails the account. Max/global drawdown always hard-fails regardless. |
| Auto-flatten before market close | The single switch that makes a challenge intraday (on) or swing (The account may hold positions overnight instead of being closed out at the session end.) (off). |

## Accounts and balances

| Term | Definition |
| - | - |
| Account Details | The modal opened from an account row; it holds Overview, Positions, Order History, Status, and Settings subtabs. |
| Related accounts | Every account linked to this one - the accounts a trader moves through as they pass the phases of a multi-step challenge, plus any account issued to replace a failed one through a purchased reset. |
| MAE / MFE | Maximum Adverse Excursion / Maximum Favorable Excursion - how far a position moved against or for the trader. |
| Credit / Debit / Set | The three balance-adjustment types - add to, subtract from, or replace the balance with an absolute value. |
| Reference ID | An optional identifier attached to a balance adjustment, for example a payout reference. |
| Account event | An entry in the account's audit log - every status change, adjustment, or admin action, with actor and timestamp. |
| Profit split | The share of profit paid to the trader on a payout. |
| Payout request | A trader's withdrawal request against an account (part of the payout system - coming soon). |
| Giveaway account | An account flagged as a giveaway rather than a purchased challenge. |
| Source | How an account was created, for example a webhook. |

## Accounts grid actions

| Term | Definition |
| - | - |
| Live grid / Pause | The Accounts grid updates in real time by default. You must pause it before taking row actions. |
| Liquidate only | Reduce-only - the account can only **close** existing positions and cannot open new ones. Existing positions stay open until closed. |
| Flatten | Close positions on the account. |
| Cancel orders | Cancel pending and working orders without closing positions. |
| Flatten + Cancel | Close positions and cancel pending and working orders. |
| Flatten All / Flatten & Disable | Firm-level emergency actions applied across every account in the current filtered view. |

## Risk operations

| Term | Definition |
| - | - |
| Risk Operations | Bulk, cross-account corrections - Account Reset, Day Wiper, and Bulk Account Editor. Every action is logged to Account Events. |
| Full reset | Restores an account to its initial balance, wiping later state. |
| Partial reset | Restores an account to its previous end-of-day balance - less destructive than a full reset. |
| Day Wiper | Removes a specific trading day from selected accounts' records. |
| Bulk Account Editor | Filters accounts and sets their status to Active or Failed in bulk. |

## Symbols

| Term | Definition |
| - | - |
| Multiplier | The contract multiplier for an instrument. |
| Commission/Fill, Commission/Order | Per-fill and per-order commission settings for a symbol. |
| Trading week | The days and hours a symbol is tradable. |
| Off-times | Windows when a symbol is not tradable - the operational lever for holidays and early closes. |
| EOD apply | Symbol changes take effect at end of day (5–6 PM EST), never mid-session. |

## Platform

| Term | Definition |
| - | - |
| Core platform | The live operating set every firm has - Tickblaze Manager, Proptech Configuration, and User Configuration. |
| Intelligence system | The broader layer Ignite is building - payouts, compliance and behavioral intelligence, competitions, rewards, and dashboards. In development; see [Coming soon](https://tbignite.mintlify.site/coming-soon.md). |
| Inactivity rule | The intended rule that marks an **account** dormant after an agreed number of consecutive days without activity. **Placeholder today** - no threshold is applied yet, so nothing is currently marked Inactive by a rule. Failed accounts are excluded. |


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