What is fixed default amount allocation?

Lots/Amounts will be distributed according to the individual DA of each account. The DA of a managed account is the sum of the individual accounts’ DAs. Managed accounts can only be traded in amounts that are multiples of the sum of all individual participating accounts’ DAs. Example:

  • Managed Acct X has DM = 8
  • Managed Acct Y has DM = 4
  • Group Acct Z – the amount of lots for a position = 12 (or multiple of 12)