How do I block orders?

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

• Using the LUSID REST API

• Using Luminesce

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:

1. Sign in to the LUSID web app.

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

3. 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 or Sell

   • State, which must be New

   • Order Type, out of:

     • Market

     • Limit with the same Price value

     • Stop with the same Price value

   • Time in force

   

4. 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.