Pro Rata Allocation

[archived_user]

Looking into one of the Q Bank question, Wondering if the pro rata allocation is different if there is advanced indication/no advanced indication from the clients for a specific number of shares.
From my understanding, for issues that do not recieve specific interest from clients, the shares are allocation based upon order/account size.
Is the standard different if there is specific interest in a # of shares from certain clients?
Thanks in advance.

 

[archived_user]

It can be pro rata based on interest if you have that information, or pro rata based on account size if you do not have information on clients’ interest.

 

[archived_user]

thanks

 

[archived_user]

My pleasure.