Pre-Trade Compliance Purpose Guide the design and implementation of automated pre-trade compliance systems that validate orders against regulatory rules, firm policies, and client-specific restrictions before execution. Covers compliance rule engines, restricted and watch lists, concentration limits, position limits, hard and soft block configurations, regulatory constraints, and compliance override workflows. Enables building systems that prevent compliance violations while minimizing false blocks that impede legitimate trading. Layer 11 — Trading Operations (Order Lifecycle & Execution) Dir…