Creating and updating allocation groups (for IAMs)

This article is specifically intended for our partners who are Independent Asset Managers (IAMs) 

An allocation group comprises a set of accounts grouped together to streamline the placement of block orders.

Creating a New Allocation Group

Allocation groups can be created within the 'Block Trading' module through either a spreadsheet template upload or by using the 'Create Group' button.

Using the 'Create Group' Button: Select the accounts to be included in the group. Specify the quantity (order size) for each client within the group after adding the clients.

Via Spreadsheet Upload: Begin by downloading the template through the 'Import Group' tab, which includes a 'Help' tab for guidance. Once completed, upload the template using the 'Select File' tab in the 'Upload Allocation Groups' pop-up box.

Please note

• When using template upload, if multiple sub-houses have their own block trading accounts, the allocation group will be created on the sub-house immediately above the clients included in the group.
• Allocation groups cannot be created if any participating accounts have zero quantity allocated.
• If multiple accounts from the same client are included, only one account from each margin entity should be involved to prevent block order failure.

Updating Existing Allocation Groups

Once created, an allocation group can be updated by:

• Adding new clients or removing existing ones
• Changing the quantity (order size) for individual accounts
• Adjusting the remainder setting

New allocation groups can be formed by copying existing ones. Existing allocation groups can be deleted using the 'Delete' button available against each group.