All books

Professional

Apps About Coach Log in Start reading

Quantitative Finance · Glossary

What is Withdrawal allow-list?

Definition 29.6 Research, Data and Risk Platforms · Chapter 29 — Security

A withdrawal allow-list restricts the destinations to which an account or key may send assets to a list fixed in advance, changed only through a separate, slower procedure, so that a stolen credential cannot move assets to the thief.

attemptacceptedreason
trade with the trading keyyesok
withdraw with the trading keynoaction outside the key’s scope
withdraw to an outside addressnoaddress not on the allow-list
withdraw to the custodianyesok
forged signaturenobad signature
replayed a minute laternostale request
Table 29.2. A stolen trading key and a stolen withdrawal key tried against the venue’s checks. The thief can trade — which can still cost money — but cannot move assets anywhere the firm has not listed in advance.
Read in context →