Our Trading Department can assist you in entering combined orders of the same security for various clients.
We frequently find multiple orders on the system with different execution prices. Instead of going through the process of entering 10–20 “individual” orders for the same security, you can take the following steps to submit the order, so your clients will receive the same price on the order.
Create a spreadsheet for the security that you wish to buy/sell for your client. The Block Trades spreadsheet can be located in the Forms section of our website.
Be sure to include:
- • Full account number including the type and check.
- • Your Rep number.
- • Number of shares for each account.
- • Price Limit if applicable
Trading will work the order according to your instructions to get your clients the best available price. We will then allocate the shares to the appropriate target accounts.
If you have any questions, contact the Trading Department at the number above.