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.
To create an Allocation Account Group in the FA Portal:
- Open side menu and click on Trade
- Click on Allocation Group.
- Click on +New Group
- Enter a descriptive name for the new group. Do not use the name "All" since this is reserved by the system.
- Select an allocation method to assign to the group.
- Add accounts to the group. Use the "+" to add an account.
- When all accounts have been added to the Allocation group, click Create.
Additional Information
- What are the group allocation methods?
- Create an Account Group for Share Allocation in the Users' Guide.