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In today’s competitive market, a financial advisor’s time is more valuable than ever. With ever-changing regulatory requirements and mounting client expectations, many advisors find themselves looking for new ways to efficiently manage their client accounts and ensure that they remain compliant while trading across their book of business. Scivantage Advanced Trading: Block Orders is uniquely designed to help financial advisors seamlessly trade across multiple accounts in a single order entry session, while providing the necessary capabilities to ensure compliance.

Scivantage’s block trading capabilities help simplify the process of entering trades into client accounts, while providing average pricing capability to reduce the transaction costs for clients and/or the advisor. Advisors can effect transactions against many accounts, or groups of accounts, in one order entry session in just minutes. Unallocated orders can be allocated easily after the trade from Order Status.

When combined with Scivantage’s Automated Trade Review, all block orders and account allocations can be automatically verified prior to the order being submitted to ensure compliance with firm policies, regulations and suitability.

Scivantage Advanced Trading: Block Orders is available as an integrated component of Scivantage Professional or it can be seamlessly integrated into 3^rd party trading systems.

Key Advantages

• Trade multiple accounts for the same security and aggregate orders to a single block order against an average price account
• Automatically handle all share allocations to client accounts, either pre-trade or post-trade
• Available for stocks, options, ETFs and mutual fund trading
• Ability to allocate orders to accounts automatically or manually based on shares or percentage value
• Multiple methods for Searching for accounts to allocate to, including by buying power, positions, percent of account value
• Automated Order and Allocation verification using Scivantage’s Automated Trade Review (optional)
• Compatible with all major and proprietary back office systems, with out-of-the-box integration to Thomson Reuters Beta Systems, Broadridge, Pershing and National Financial

Scivantage Advanced Trading: Block Orders is available as part of:

Scivantage Professional