RIA Block Trading

Block Trading

The Block Trading screen lets you purchase blocks of stocks, options, or mutual funds in an average price account and later allocate them into individual client accounts. To execute a block trade, simply enter an order from the Block Trade screens for the type of security you wish to purchase…

Block Allocation

Once a block trade has executed you can allocate it to individual client accounts using the Allocation Block screen. First lookup the block by typing the symbol or CUSIP into the Symbol box and clicking Filter. The number of shares available for allocation will appear in the filter box…