How do I create an order?

You can record the details of a request to make a new trade by creating an order for one or more instruments.

There are several ways to create an order in LUSID:

• Using the LUSID web app:

  • Generating orders in the Rebalance dashboard

  • Creating orders in the Order Blotter

• Using the LUSID REST API

Generating orders in the Rebalance dashboard

You can generate one or more orders at a time using the Rebalance dashboard in the LUSID web app. To do so:

1. Sign in to the LUSID web app.

2. Navigate to Portfolio Management > Rebalance via the top left menu.
   

3. Select a Portfolio / Group to rebalance, and either:

   • A portfolio valuation Recipe

   • A Portfolio mapping

4. Enter or generate target values for instruments in your preferred way, such as:

   • Using the control panel to rebalance to your portfolio mappings or models, spend cash across selected instruments, or achieve various other tasks

   • Entering targets manually, for example targeting analytic values

   • Importing targets from a CSV file

   • Using your own rebalance algorithms

   

5. Click Generate orders.
   

6. Use the Generate orders pop-up screen to:

   1. Check your orders, including breaches and warnings, and make any adjustments. You must check the box to approve any outstanding breaches and warnings.

   2. Check the Block all relevant box if you wish to group your matching orders into blocks.

   3. Check the box if you wish to Perform Pre-trade Compliance check.
      

7. Click Create to generate your orders.

If you choose to run a pre-trade compliance check on your orders, LUSID displays the results immediately:

Once generated, you can manage your orders using the Order Blotter dashboard.

Creating orders in the Order Blotter

Currently, you can create one order at a time using the Order Blotter. To do so:

1. Sign in to the LUSID web app.

2. Using the top left menu, navigate to Portfolio Management > Order Blotter.
   

3. Click Create order.
   

4. Follow the instructions on the Create order screen.
   

5. Click Create to generate your order.

Once generated, you can:

• Monitor and update your order; see how.

• Run a compliance check; see how.

• Block your orders together, ready for placement; see how.