You can group one or more orders for the same instrument into blocks, ready for placement.
There are several ways to create an order block in LUSID:
Using the Order Blotter in the LUSID web app
You can block one or more orders at a time using the Order Blotter in the LUSID web app. To do so:
Sign in to the LUSID web app.
Navigate to Dashboard > Order Blotter via the top left menu.
Select the orders you wish to block together. There is no limit to the number of orders you can add to a block, but they must have the same:
Lusid Instrument ID (LUID)
Side, for example
Buy
orSell
State, which must be
New
Order Type, out of:
Market
Limit
with the same Price valueStop
with the same Price value
Time in force
Select the Options icon > Block all relevant. LUSID blocks all applicable orders and leaves inapplicable orders selected.
Provided your order block has passed a pre-trade compliance check, you can place your order partly or in full. See how.
You can perform custom actions on one or more order blocks by running a Block job. See how.