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Use Post-Trade Allocations
Post trade allocations let Proprietary Trading Group STL Master users quickly and easily allocate some or all trades to defined clearing brokers.
You must define settlement instructions via the Funding menu in Account Management before you will be able to allocate post trade. For information about settlement instructions, see Settlement Instructions in the Account Management Users' Guide.
Access post trade allocations by logging into Account Management, then clicking Trade > Post Trade Allocations in the menu. You can specify post-trade clearing instructions at any time during the trading day, from minutes after execution until 6:00 pm ET. Post trade allocations let you:
Allocate any time during the day up until 6:00 pm ET. After this time, your trades will automatically be allocated using the selected default clearing destination.
Quickly unallocate any trades before 6:00 pm ET.
Configure re-usable allocation templates that allow you to quickly allocate one or multiple trades to a pre-defined clearing broker or set of clearing brokers.
Import allocations from a properly-formatted .csv file.
Create a custom Average Price trade by selecting trades for the same symbol and side where only the price differs. By default an average price display is expandable to show actual trades and trade prices.
Define configuration preferences including allocation settings, display preferences and symbol display.
Manage odd lots allocations. By default, the feature is set to allow round lots only.
