Allocation Rules

An Allocation Rule is the systematic process that facilitates the execution of a trade assigned to multiple accounts according to the sequential account number assigned by OEC Trader or Firm Trade Manager and the availability of price for the order quantity. The system automatically distributes the prices with the respective quantities based on the individual account name and the lot request. The four selections include the following:

A. LowAcctLowPrice

B. LowAcctHighPrice

C. APS

Note: At this time OEC Trader does not assign an Allocation Block to multiple clearing firms.