How do the Trade Policy options work?
"No Trades" means teams will not be permitted to make trades in the league.

"League Approval" means accepted trades may be rejected if enough teams veto the trade. Only teams not involved in the trade may vote to either approve or veto a trade. Non-votes are treated as implicit approvals.

"Commissioner Approval" means the commissioner must approve or reject accepted trades. If a commissioner fails to act within 10 days, the trade is approved.

"Process Immediately" indicates accepted trades are completed immediately and require no approval process.
Last Updated: 10/19/2011