How do I create an Account Group for share allocations in TWS?

You can use an Account Group to automatically calculate ratios and allocate shares to a pre-defined group of accounts based on a selected allocation method. When you create an order and choose a group, the order uses the default method to allocate shares among the accounts in the group…

You can use an Account Group to automatically calculate ratios and allocate shares to a pre-defined group of accounts based on a selected allocation method. When you create an order and choose a group, the order uses the default method to allocate shares among the accounts in the group…

Allocation Profiles are allocation directions that predetermine the accounts to be traded and to what degree.

Account Groups only define the accounts to be traded. The method of allocating shares to the grouped accounts must be defined prior to submitting the order…

To allocate shares/contracts using a pre-defined Allocation Group from the Advisor Portal:

1. Use the Allocation field drop down list to select an Account Group, a single account or All* accounts.
2. For the selected Account Group, modify the per-order allocation method if necessary. User-specified methods aren't editable on a per-order basis…