Neovest’s Allocation & Bunching window facilitates collaborative trading and order distribution by letting traders bunch completed orders that share the same symbol, side, and account and then allocate shares of those orders to individual client accounts. Bunching completed orders helps streamline the trading desk, whether grouping the orders of one trader or many. When orders are bunched, the various prices an order may represent average into one price displayed with the bunched orders, which then facilitates equitable distribution of the order among multiple clients.

The Allocation and Bunching tool also helps traders streamline and automate their back office work. When traders customize individual client accounts with differing cents-per-share, flat-fee, and other miscellaneous commissions, the Allocation and Bunching tool automatically assesses the designated commissions and fees for each account according to the orders allocated to it.