Add trade orders
You can create trade orders from scratch or based on a portfolio position, for example, to sell or buy a security already in your portfolio. You can also create trade orders based on a position in multiple portfolios for partial redemptions or security switches.
Adding a trade order in a portfolio doesn't affect portfolio positions. Portfolio positions and cash amounts are recalculated when a transaction is accepted.
Add a trade order from scratch
To create a trade order from scratch, do the following:
In the Overview, select the portfolio in which you want to add a trade order. If you select the portfolio first, the trade order is directly linked to the correct portfolio.
Click New trade order in the New menu (top left) and select a security type.
Fill in the fields in the Trade order window. For descriptions of the fields, see Trade order window in FA Back reference.
Save the trade order.
Add a position-based trade order in a selected portfolio
To create a new trade order based on the position in the selected portfolio, do the following:
In the Overview, right-click the position row and select New.
Select Trade order with position's security and amount.
Fill in the fields. For descriptions of the fields, see Trade order window in FA Back reference.
Save the trade order.
Add position-based trade orders in multiple portfolios
You can create trade orders based on a position in multiple portfolios, for example, to do partial redemptions or switches from one security to another using the reinvest option.
To create trade orders based on the position in multiple portfolios, do the following:
In the Positions view, search for a position to use as a starting point.
Click Create transactions and fill in the fields in the Generate transactions from positions window:
Create: The type of object to create. Select "Trade orders".
Transaction type: The transaction type to use. The list of available types depends on the selected security.
Execution method: The trade order execution method.
Amount: The amount as percentage of the original position size.
Unit price: The unit price to use in the trade orders. Enter a question mark to get the latest price available in the system.
Transaction date
Settlement date
Tags: The tags for the trade orders.
If the selected transaction type has a positive cash effect, reinvest by clicking Add security and filling in the fields, including the security to reinvest in. You can reinvest into multiple securities.
Click Preview trade orders to check the trade orders to be created. You can uncheck trade orders you don't want the system to create.
Click Confirm.