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changes.mady.by.user Thor Thors

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Allocation is the operation of sending a executed client order to the back office.  

The Allocation specifies how a client order should be split among different customers and portfolios.   

Business Rules

Client orders can only be allocated if they have the workflow status "Allocation ready".

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.

Trace abilityAverage Price calculations

Traceability

Client Orders can have many market orders and pre allocations.  Market orders can have many executions.
When the OMS creates an allocation for a client order it will store a reference to the executions behind a single client order.

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