Allocation is the operation of sending a executed trades to the back office.
The Allocation specifies how trades should be split among different customers and portfolios.
The process of allocating has been improved. In the current version of Kodiak OMS you are only able to allocate Client Orders.
You can now allocate Client Orders, Market Orders and individual Trades.
Business Rules
Any trade can be allocated.
Allocation fields:
- Information about the client order
- List of allocation „elements" which contain
- Customer
- Portfolio
- Quantity
- Fee type
- Fee
- Other fee amount
- Email and a preliminary note.
Traceability
