Allocating Shares

Instructions

To distribute shares among multiple accounts when you create an order, you can select an Account Group, which:

  • Comprises a pre-defined subset of accounts and an associated allocation method, or

  • Distributes shares to each account in a profile based on a percentage, ratio or absolute number that you define.

Allocating Shares

  1. Click the Advisor Setup button across the top tool bar of the TWS.

    The advisor setup button in TWS.

  2. Click Go to Groups

    • Alternatively, you may select the Groups tab

  3. Click Create Group

    The create group menu in TWS.

  4. Give the group a name and specify the allocation method

  5. Add the client accounts you want included in the group by selecting the green (+) button to the left of the account numbers.

  6. Click Create to save these changes.

    Creating groups name & specify allocation method in TWS.

You can also direct an order to a single account by selecting that account number or alias from the Allocation field on the order management line, or to all accounts by selecting All from the Allocation field. Set a default allocation from the Advisor Setup screen.

 

Additional Resources

Learn About Allocating Shares in Trader Workstation at IBKR Campus

Visit the Trader Workstation Website