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An aggregated (or "bunched") order consists of a group of orders to buy or sell a
specific security.
Aggregated orders are usually entered by a fund manager or portfolio manager buying or selling securities
on the basis of portfolio management agreements (conferring powers of attorney) with several
clients. When aggregated orders are entered, they are assigned a Trade Type Code[pdf].
Aggregated orders are different from portfolio orders and basket orders, which are
orders relating to a number of different securities.
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