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 allocations offers the following benefits:
Allocate, re-allocate and unallocate trades any time of day:
Up until 6:00 PM E.T. for equities;
Up until 15 minutes after the allocation was made (or 5:15 PM, whichever comes first) for options.
Import allocations using Excel-compatible .csv formatted files.
View and select average price trades by order, and combine multiple orders into a custom average price.
Allocate by percentage or share size.
Allocate manually, or create allocation templates customized for daily use.
Configure allocation settings, display preferences and broker settings.