place_order

Place a new order (limit or market). Requires authentication and private key for signing.

Server Derive MCP solenyaresearch0000/derive-mcp
Category Financial
Risk class Critical
Parameters 00 required

What place_order does on Derive MCP

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

Why place_order needs a policy

Placing orders in financial markets commits funds and creates binding trade obligations. Misuse could result in unauthorized trades, significant financial losses, or unintended market positions. The tool explicitly requires authentication and private key signing, confirming it executes real financial transactions.

From the tool's definition "Place a new order (limit or market)" — directly executes trades committing financial obligations in options, perpetuals, and spot markets.

Questions about place_order

What does the place_order tool do? +

Place a new order (limit or market). Requires authentication and private key for signing. It is categorised as a Financial tool in the Derive MCP MCP Server, which means it involves financial transactions. Block by default and require explicit approval.

How do I enforce a policy on place_order? +

Register the Derive MCP server in PolicyLayer and add a rule for place_order: 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 Derive MCP. Nothing to install.

What risk level is place_order? +

place_order 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 place_order? +

Yes. Add a rate_limit block to the place_order 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 place_order completely? +

Set action: deny in the PolicyLayer policy for place_order. 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 place_order? +

place_order is provided by the Derive MCP server (solenyaresearch0000/derive-mcp). PolicyLayer sits as a proxy in front of this server to enforce policies before tool calls reach the server.

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