Add or remove a stock trade restriction to your classic direct index

A trade restriction stops Frec's algorithm from buying or selling a specific stock. It's commonly used if you work at a publicly traded or regulated company and need to avoid trading certain stocks during a blackout period or restricted window.

You can add up to 50 stock restrictions per account, managed anytime from Account settings. A restriction applies across all direct indices within this account. It won't carry over to other accounts you hold with Frec (a personal account and a trust, for example, are separate).

Adding or removing a trade restriction

Select your name in the upper right-hand corner.
Select Account settings.
Select the Investing tab.
Scroll to Trade restrictions and select View trade restrictions.

From here:

To add one, search for the stock by name or symbol.
To remove one, select Remove restriction next to any stock on your list.

What happens once a stock is restricted

Frec holds your existing position, if you have one, without buying or selling it. Keep in mind this can affect how closely your portfolio tracks its index. You're still free to trade that stock on your own, anytime, in your self-managed portfolio. The restriction only applies to Frec's direct indexing algorithm.

Trade restriction vs. excluding a stock

These sound similar but work differently:

	How it works
Trade restriction	Keeps your existing position exactly as-is (no buying, no selling), and applies account-wide, across every direct index in this account.
Exclusion	Set per index. Sets the stock's target weight to 0%, and the algorithm sells out of it over time in that specific index, redistributing the weight to your other positions.

Keep in mind

Adding a restriction while a trade run is already in progress may mean it doesn't take effect until the next run.
Removing a restriction doesn't exclude the stock from your index. If it's part of your index's target weights, the algorithm will trade back into it once the restriction lifts, which can create a gain or loss. If you don't want it traded going forward, exclude it as well.
A trade restriction is a strong instruction to the algorithm, not an absolute guarantee. In rare cases, such as margin call risk management, Frec may still need to trade the position.