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 ability
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.