Exposure is the portfolio view of what the firm owes its funded traders and where unusual profit is concentrating right now. It answers how much is owed, and where to look first.
[SCREENSHOT: 08-exposure.png: the Exposure page showing the Current position cards and the Liability concentration panel]
Four cards summarize the firm's funded book for the selected period:
| Card | What it shows |
|---|---|
| Accrued liability | Total liability across every funded account, gross, before profit split and eligibility rules |
| Pending requested | Sum of pending payout requests on funded accounts |
| Linked to Cases | Liability on funded accounts whose trader has a Case |
| Above review threshold | Liability on accounts whose period return exceeds the review threshold |
Liability per funded account is the lesser of the account's closed profit and its balance minus its initial deposit, floored at zero, so unrealized gains are never counted and a loss never produces negative liability. If a connected source doesn't supply an initial balance for an account, that account's liability is marked unmeasured rather than assumed to be zero, and another account's balance is never substituted in its place. Every figure on this page is gross: before the trader's profit split and before payout eligibility rules are applied. Each card opens the trader table below, filtered to match.
This panel groups the firm's liability by product or by account size, so review effort goes where the money actually is. Each row shows the group's share of liability as a bar, how many funded accounts it covers, and its percentage of the total (or Unmeasured where liability can't be calculated). Clicking a row filters the trader table below to that group. The page also states what share of total liability the ten highest-liability traders hold.
A scatter chart plots every account that has both a return and a liability: return (period profit divided by initial balance) on one axis, accrued liability on the other. Accounts above the review threshold are highlighted. The threshold defaults to 4% and is adjustable on the page with a slider from 1% to 10%; moving it recalculates every card, filter and chart on the page immediately. The threshold is a starting point for review, not a verdict on any account. Hovering an account shows its return, liability, account id and linked Case (if any); clicking it opens the account's detail.
The table below rolls accounts up to one row per trader, summing rather than netting their funded accounts, so a person's exposure across several accounts is visible in a single row. Filter with the tabs (all traders, above the review threshold, with Cases, with pending payouts), search by trader or account, and sort by accrued liability, highest return, pending requested, or review priority. Expanding a row shows every funded account with its return and liability, any pending payout requests, and any Cases linked to that trader, each opening the record behind it.
Payouts requests open from the pending list and from an expanded trader row. Cases open from linked evidence throughout the page. Traders profiles open from a trader's name. Overview links into Exposure from its own accrued-liability and profit-review panels, using the same review threshold.
