Abstract: A system and method for allocating stock and cash amounts to individual trades in a netted trade. The system and method include bundling individual securities trades into a netted trade, transmitting the netted trade to a clearing house, receiving a settlement message from the clearing house, and allocating stock and cash amounts to individual trades in the netted trade in a manner consistent with the settlement message.

Abstract: In a system for generating dividend information, detailed information regarding trades is stored in a data storage system. The detailed information may include, without limitation, book information, depot information, counterparty information, a trade direction (e.g., buy or sell), and a number of shares traded. Based upon the detailed trade information, dividend information is generated that may be used for both PNL purposes and for accounting purposes. The detailed trade information may also include whether the trade is an “ex-div” trade, a “cum-div” trade, or neither. Trades normally eligible for a dividend are excluded from dividend information generation when identified as an ex-div trade. Trades not normally eligible for a dividend are included in dividend information generation when identified as a cum-div trade.