Post Trade Allocation
Instructions
The Post-Trade Allocation tool lists all the day's unallocated trades, and provides customizable template-based functionality to easily allocate all or some of your trades to multiple pre-approved clearing brokers.
Post-Trade Allocation offers the following benefits:
- Allocate trades any time of day:
- Up until 6:00pm ET for equities.
- Up until 15 minutes after the allocation was made (or 5:15 PM ET, whichever comes first) for options.
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View and select average price trades by order and combine multiple orders into a custom average price.
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Allocate by percentage or share size.
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Configure allocation settings and display preferences and broker settings.
To use this tool, follow these steps:
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Click the Trade tab followed by Post Trade Allocation.
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Alternatively, click Menu in the top left corner > Trade > Post Trade Allocation
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Select the accounts from the left side.
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View client account information in the columns on the right side.
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Select Configuration in the top right corner to configure the layout.
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Select Allocation Summary to see a summary of allocations.
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Select Unconfirmed Allocations to view any unconfirmed allocations.
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Select the Allocate button at the bottom of the page.
