perps_close_position · Logiqical MCP: Risk & Policy

WHAT IT DOES

What perps_close_position does on Logiqical

AI agents use perps_close_position to commit financial operations through Logiqical — usually the final step of a payment, billing, or trading workflow. A call moves real money.

WHY IT NEEDS A POLICY

Why perps_close_position needs a policy

This tool closes a perpetual futures trading position, which is a direct financial action that commits to a trade execution with a market order (IOC) and up to 10% slippage. Misuse could result in significant financial losses by closing positions at unfavorable prices or at unintended times.

From the tool's definition Close a perpetual position (reduce-only IOC with 10% slippage)

Attacks that exploit this kind of access

Recommended rule Ready

Verdict

perps_close_position Approval-gated

Any call to perps_close_position is blocked until a human approves it. The rest of the server keeps working.

View as policy code

policy.json

{
  "version": "1",
  "default": "deny",
  "tools": {
    "perps_close_position": {
      "deny_if": [
        {
          "conditions": [],
          "on_deny": "Requires human approval."
        }
      ]
    }
  }
}

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PolicyLayer is an MCP gateway: every tool call is checked against your rule before it reaches Logiqical, so you can run agents against it safely.

FAQ

Questions about perps_close_position

What does the perps_close_position tool do? +

Close a perpetual position (reduce-only IOC with 10% slippage). It is categorised as a Financial tool in the Logiqical MCP Server, which means it involves financial transactions. Block by default and require explicit approval.

How do I enforce a policy on perps_close_position? +

Register the Logiqical MCP server in PolicyLayer and add a rule for perps_close_position: allow, deny, rate-limit, or require approval. Point your MCP client at the PolicyLayer proxy URL and the rule is enforced on every call, before it reaches Logiqical. Nothing to install.

What risk level is perps_close_position? +

perps_close_position is a Financial tool with critical risk. Critical-risk tools should be blocked by default and only enabled with explicit human approval.

Can I rate-limit perps_close_position? +

Yes. Add a rate_limit block to the perps_close_position rule in your PolicyLayer policy. For example, setting max: 10 and window: 60 limits the tool to 10 calls per minute. Rate limits are tracked per agent session and reset automatically.

How do I block perps_close_position completely? +

Set action: deny in the PolicyLayer policy for perps_close_position. The AI agent will receive a policy violation error and cannot call the tool. You can also include a reason field to explain why the tool is blocked.

What MCP server provides perps_close_position? +

perps_close_position is provided by the Logiqical MCP server (logiqical-mcp-server). PolicyLayer sits as a proxy in front of this server to enforce policies before tool calls reach the server.