Orchimate 1.5.0 /

FIX2.7

The allocation record is used by the institution to instruct the broker on how to allocate executed shares to sub-accounts.

The allocation record contains repeating fields for each sub-account; the repeating fields are shown below in typeface Bold-Italic. The relative position of the repeating fields is important in this record, i.e. each instance of allocation must be in the order shown below.

• The total shares allocated must equal the Shares value which must equal the total executed quantity of the original order.
• The number of instances of allocations is indicated in NoAllocs.
• Multiple orders can be combined for allocation by identifying the number of orders in the NoOrders field and each individual order in the OrderID fields. Combined orders must have the same ticker, trade date, settlement date and side.
• Single orders cannot be combined with list orders for allocation.