⏱️ 1 minute 30 seconds
If you are an employee of the firm and registered on Leo, you can use Leo to request permission to make personal account trades. You can view all of the trades you’ve requested. If you’re a Leo user with PA Dealing Approver permissions, you can see everyone else’s requests, as well as your own.
To make a new PA Dealing request, follow these steps:
- From the left menu, click on the Personal Account Dealing icon (it looks like a wallet).
- Click the green NEW REQUEST button
- Security Type: select the right one from the drop-down menu
- Symbol: type part of the symbol or name of the security, click the Spyglass button and Leo will offer some suggestions that match. If the security you’re looking for isn’t already on the list, you can type the symbol yourself. A New Request form will pop up for you to complete. You must fill in all the fields marked with an asterisk (*)
- Execution Type: select whether you are buying or selling
- Currency: select from the drop-down menu the currency in which the security is to be traded (this is auto-filled if the security is already listed and has been found by the system)
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- Value: type the current price per share
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- Number of Shares: enter the number of units to be traded
- Notes: if you wish to add any explanatory notes, type them here (this is optional)
- Click the green REQUEST
The approval process
If the security is on your firm’s Whitelist, the trade is automatically and immediately approved. Similarly, Blacklisted items are automatically rejected. In both cases, a pop-up window will appear immediately to let you know.
Some trades may need to be approved manually. Requests that are awaiting approval are shown in blue at the top of the list.
There is an APPROVE | REJECT button beside each one for the reviewer of your request.
As soon as your PA Dealing request has been approved or rejected, Leo will email you automatically with the outcome.
When a trade request is approved, you can open your request and mark it as Executed, and you may be required to upload the deal memo as evidence - dependent upon your firm’s requirements. The PA Dealing Approver will review the execution and indicate that it has been reviewed and is OK, or reviewed and needs attention.