> For the complete documentation index, see [llms.txt](https://faq.finerymarkets.com/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://faq.finerymarkets.com/product-features/trading/authorized-trading.md).

# Authorized trading

## The Authorized Trading feature allows Masters to execute trades on behalf of their clients (sub-accounts) using the FM platform using the GUI or API. 

### Use-cases:

1. Voice-Trading
2. Trading within your Master account

### How-to use

1. Go to 'Trading'
2. Click on the 'Operating as ... ' drop-down menu

<figure><img src="https://1906424770-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FlhEtVTUclDpcNfjGvCeB%2Fuploads%2F54hHrC2YvUMnhdXSxUv7%2FScreenshot%202026-01-09%20at%2017.44.21.png?alt=media&amp;token=011e5edf-4597-4921-98f8-9f2285d8c528" alt=""><figcaption></figcaption></figure>

3. Search for the instrument you need to trade

<figure><img src="https://1906424770-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FlhEtVTUclDpcNfjGvCeB%2Fuploads%2FQAWEpClq3IDHeDkli5pn%2FScreenshot%202026-01-09%20at%2017.45.29.png?alt=media&amp;token=aa03e093-c848-4550-8bfb-9bef39a55a95" alt=""><figcaption></figcaption></figure>

4. You will see the order books from the sub-account's perspective. This will account for the limits set against the sub-account, markups and other Risk Management settings. Available order book will contain all of the active external LPs and the liquidity streamed via API

<figure><img src="https://1906424770-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FlhEtVTUclDpcNfjGvCeB%2Fuploads%2FJg2Jn5hSbDx8m0jMkVbm%2FScreenshot%202026-01-09%20at%2017.46.31.png?alt=media&amp;token=4c00fff2-d76c-4b72-b951-417de3a65cae" alt=""><figcaption></figcaption></figure>

{% hint style="info" %}
You can access the order book through Feed F using Master API keys. Upon subscribing, specify the sub-account ID
{% endhint %}

5. Execute the trade on behalf of the client by double-clicking on Buy or Sell&#x20;

<figure><img src="https://1906424770-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FlhEtVTUclDpcNfjGvCeB%2Fuploads%2FA8zLs8G0FCGChsTvV4mg%2FScreenshot%202026-01-09%20at%2017.47.09.png?alt=media&amp;token=08974336-e688-4c07-a3b5-ea18fd74a16a" alt=""><figcaption></figcaption></figure>

{% hint style="info" %}
If you wish to specify the liquidity source for the trade, select the LPs in the 'CP enabled' widget in the top right corner.
{% endhint %}