The Trade Desk is divided up into four sub-tabs:

• Equity Trades
• Mutual Fund Trades
• Trade Monitor
• Bad Symbol Pricing

The functions and common tasks for each are described below.

Equity Trades

The equity trade desk is where equity trades are selected and sent to the custodian or third party blotters such as FlyerFT Co-Pilot.

Filters

Using the drop-downs across the top, trades can be filtered by any of the following parameters:

• Symbol
• Broker
• Side
• Account
• Model

For Symbol, Account, or Model, click into the drop-down and start typing to locate the desired filter criteria. As you type, options appear in the drop-down. Click the desired filter once it appears in the list.

For the Broker or Side drop-down, simply click in and choose from the available options.

Flags

A trade that has been flagged is a communication to other traders that this trade needs extra attention. All flagging is done by the system. Trades that are flagged may still be sent for execution.

Typical reasons an trade may be flagged include:

• Advisor rebalance
• Corporate action
• Tender date funds
• Account restricted/blocked at broker
• Allocation change request

Click in the upper right above the grid to view all flagged accounts or symbols.

There are two types of flags: account-level flags and symbol-level flags.

• Account-level flags are red. If an account is flagged, the entire row will be highlighted red.
• Symbol-level flags are yellow. If a symbol is flagged, the entire row will be highlighted yellow.
• If both account and symbol level flags are active on a trade, the row will be highlighted dark red.

Hovering over a flag on any marked line provides more details. When Sending Trades the flagged accounts may be deselected as part of the process if desired.

Grid Contents

In the main Grid, the following information is displayed for each equity trade:

• Symbol
• Broker
• Side: Buy or sell
• Quantity
• Spread
• Bid: Bid price
• Ask: Ask price
• Vol (M): Volume in millions of shares
• Last: Last price
• Accounts: Displays number of accounts included in trade
• Source: Specifies if a trade is TLH (Tax Lot Harvesting) or APM (Advisor as Portfolio Manager). If the trade is not either TLH or APM, it is an ACR (Allocation Change Request) generated trade, a model change generated trade, or a drift trade.

Each trade is for one symbol, and can contain multiple accounts. Each equity symbol is blocked together by Custodian and trade direction.

Sending Trades

See Sending Trades from the Trade Desk.

Mutual Fund Trades

Filters

Using the drop-downs across the top, trades can be filtered by any of the following parameters:

• Symbol
• Brokerage Name
• Direction
• Account

For Symbol or Account, click into the drop-down and start typing to locate the desired filter criteria. As you type, options appear in the drop-down. Click the desired filter once it appears in the list.

For the Brokerage or Direction drop-down, simply click in and choose from the available options.

Flags

A trade that has been flagged is a communication to other traders that this trade needs extra attention. All flagging is done by the system. Trades that are flagged may still be sent for execution.

Typical reasons an trade may be flagged include:

• Advisor rebalance
• Corporate action
• Tender date funds
• Account restricted/blocked at broker
• Allocation change request

Click in the upper right above the grid to view all flagged accounts or symbols.

Grid Contents

In the main Grid, the following information is displayed for each mutual fund trade:

• Symbol
• Account #
• Broker
• Cash Qty/Shares: A trade will either have Cash Qty or Share amount. Cash Qty means it is a dollar based trade. Share amount means it is a share based trade.
• EST Dollar Amount: Will either repeat the Cash Qty if a dollar based trade, or the dollar value of a share based trade.
• Account Qty Built At: Displays how many shares the account already holds. If empty, the trade is a new buy.
• Has APM?: Denotes if the trade is an Advisor as Portfolio Manager directed trade or not. If the trade originated from the APM sleeve, it will be marked with a check mark.

Sending Trades

See Sending Trades from the Trade Desk.

Trade Monitor

Fix Flyer Trade Monitor is a dynamic view of all trades that have been submitted. It is used to monitor all trades sent to all custodians. Statuses are updated every 5 minutes.

Set Date Range

Use the Date range selectors in the upper left to set the start and end dates for the view.

Search by Account or Model

Use the Account or Model drop-downs to search for and select an account or model. Only trades involving the selected item will be displayed.

Preset Filters

In the header row of the grid are pre-set filters you can select to view. Each filter lists how many of the current view fall into its category.

Filter by Column

Any column that has a drop-down box at the top can be searched and filtered using the drop-down.

Status

The current status of the trade is displayed in the Status column. See Trade Request Statuses for a full list of statuses and meanings.

Trade Details View

Click any trade line to bring up the full details of the selected trade on a per-account basis. In the bottom right of this view, Account Trades and Allocation Trades can be exported.

Export Trades

Click Export All Trades in the upper right to export a CSV file of the current grid contents.

Bad Symbol Pricing

The Symbol Exclusions screen displays symbols or tickers that are excluded from trade building. The purpose of Exclusions is to allow a model or account to build trades, with the trades built excluding the symbol/ticker in question. Typically a symbol/ticker is excluded due to an issue getting priced from the pricing vendor, or has an outstanding corporate action pending and pricing is unavailable. A brief reason will be given in the Notes column.

The Search box can be used to search by Ticker or ID.