The Bulking functionality in TT® OMS allows you to combine multiple care orders with the same instrument and Buy/Sell direction into a single care order for more efficient execution. You can submit orders for the individual bulked order and then allocate the fills to the customer's original care orders.
Care orders are bulked using the Order Book or orders pane in the Orders and Fills widget.
Care orders can be bulked with working child orders or with partially or fully filled allocated child orders. When orders with different prices are bulked, the parent bulked order shows the "best price" of the child orders (e.g., lowest price for Buys, highest price for Sells).
Note: Care orders that are a child of another care order cannot be bulked. Also, because bulking only applies to care orders, the following types of orders cannot be bulked: native exchange orders, TT Order Types, ADL algo orders, and third party bank algo orders.
Bulked orders are displayed in the Order Book or orders pane of the Orders and Fill widget as shown.
The display includes: