Wealth Open Portfolio And Place Order
A 3-step recipe with Temenos. We can help you get access.
Recipe · 3 steps
Wealth Open Portfolio And Place Order
with Temenos
Open a portfolio, place a security order, and track its execution.
- Open a managed portfolio for the client.
- Place a security order against the newly opened portfolio.
- Poll the security order to track execution, branching on the terminal execution status and retrying while it is pending or submitted.
What you'll need to have ready
- customerId: Wealth client identifier the portfolio belongs to.
- portfolioName: Optional display name for the portfolio.
- currency: Portfolio base currency in ISO 4217 format.
- mandateType: Mandate type (DISCRETIONARY, ADVISORY, EXECUTION_ONLY).
- riskProfile: Risk profile (CONSERVATIVE, MODERATE, BALANCED, GROWTH, AGGRESSIVE).
- securityId: Security identifier to trade.
- side: Order side (BUY or SELL).
- orderType: Order type (MARKET, LIMIT, STOP, STOP_LIMIT).
- quantity: Order quantity.
- limitPrice: Limit price for LIMIT and STOP_LIMIT orders.
For your developer
Arazzo workflow temenos:open-portfolio-place-order, 3 operations: createPortfolio → createSecurityOrder → getSecurityOrder. Specs on APIs.io.