How do I allocate executions?

LUSID has a variety of built-in allocation algorithms that you can use to allocate your executions to the portfolios of each order. Read about LUSID’s allocation algorithms.

You have several options for defining when LUSID should book an allocation as a transaction:

• Automatically at close of business or another specified time trigger.

• Based on the state, such as when a placement is 100% filled.

• On receipt of a Done for Day (DFD) FIX message for individual orders. For example, if you configure a placement to be filled over multiple days, upon receiving a DFD message and knowing you won't receive any more fills for the order that day, LUSID can book all existing allocations for the order as transactions.

• As soon as you allocate a fill.

• When you choose to manually book an allocation as a transaction.

Note: If you need assistance setting up an automated option from the list above, contact support.

There are several ways to allocate executions in LUSID:

• Using the Order Blotter in the LUSID web app

• Using the LUSID REST API

• Using Luminesce

Using the Order Blotter in the LUSID web app

You can allocate one or more executions at a time using the Order Blotter in the LUSID web app. To do so:

1. Sign in to the LUSID web app.

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

3. Click anywhere on the row of the order block you wish to create allocations for.
   

4. Navigate to the Placements tab.

5. Click the Create allocation button. Note you can only create allocations if you have received at least one execution for the placement.
   

6. Choose an Allocation Algorithm from the dropdown. Read about allocation algorithms and their codes.
   

7. Click Allocate. LUSID suggests how to distribute the available executions across your placements and portfolios and saves each row as an allocation.
   

8. (Optional) If you are not yet ready to book the suggested allocations as transactions, click the icon. LUSID saves your allocations, but they are not confirmed until you book them as transactions.

   Note

   • You can reallocate up until an allocation is booked as a transaction.

   • You can monitor your allocations via the Allocations tab (click the icon to display any new allocations):
     

9. Once you are ready to book the allocations as transactions, return to the Create allocations screen (steps 6 and 7). At this point you can also choose to:

   • Manually override values in the Allocation column by typing directly into the cell.

   • Add fees and commission, or any other additional columns via the Configuration icon. Note that LUSID automatically adds fees and commission when booking transactions if an allocation matches your defined rules. More information coming soon.

   

10. Click Create Transactions to book the allocations as transactions in their respective portfolios.

Once booked, you can monitor and update your transactions via the Transactions dashboard. See how.