How does the Draft Order feature work?

Rebalance (and other tools) create Draft Orders, which form the stage before order submission in which the order attributes can be set.

Requesting the creation of Draft Orders takes you to this page. Each draft order is a row in the table and needs to be individually acted upon. A maximum of 300 Draft Orders are allowed for creation at any time. 

The Draft Order page allows you to do the following:

  1. Expand the draft order row to show the allocation.
  2. Set the order attributes.
  3. Edit, cancel or submit an order.

A Draft Order can be submitted by clicking ‘Review and Submit’. This action pulls up the side car order ticket. You can edit order details and submit all or some of the drafted orders.

Note

  • Only the Draft Orders of a single rebalance at a time can be processed. 
  • A warning will be shown if there are any existing Draft Orders. If you go ahead with creating new orders, the existing ones will be discarded. 
  • An order can be cancelled at any time right up until it has been executed.

Additional Information

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