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The following information applies to transactions related to cash sweeps.

Cancelling a Sweep Transaction

You can cancel a sweep transaction created during global cash sweep processing. You can cancel transactions for cash sweeps processed manually using the Run Cash Sweep panel or processed automatically by scheduling the cash sweep.

Global Processes includes two options that you can use to process the message for cancelling a global sweep transaction. You can select the following options, under Corporate Actions Processing:

• Cancel Corporate Action (One Portfolio).

• Cancel Global Corporate Action Announcements. Use this option if you cancel a STIF transaction for a particular day, for All Portfolios that participated in the cash sweep.

When you cancel a STIF transaction that was generated by Eagle Accounting, you provide the entity and security information, and then select the information for the lot to cancel. In the Cancel Corporate Action (One Portfolio) panel, you can select the lot from the list in the Choose Trade to Cancel field. Notice that the Target Event Type value for the selected transaction you want to cancel is SWEEP.

Booking STIF Trades

Eagle Accounting allows you to process transactions to buy and sell a STIF security. You can use the Open and Close debt trade panels to process transactions for a security with a STIF (DBSTST) processing security type. Or you can use the Open and Close equity/mutual fund trade panels to process transactions for a security with a Mutual Fund (EQEQMF) processing security type. To cancel these manually entered STIF transactions, you can use the Cancel Trade panel.

Closing STIF Positions Related to Cash Sweeps

You can fully close existing positions held as Cash Sweep instruments in cases where you change or delete your cash sweep vehicle. This applies to positions created as a result of both entity-level and cash account-level cash sweeps. If you set up cash sweeps at the entity level, you can change the sweep security for an entity; close the old sweep security using the Book Trade tool, then run a cash sweep into the new sweep asset. If you set up cash sweeps at the cash account level, you can change the sweep security for a cash account; close the old sweep security using Book Trade workspace, then run a cash sweep into the new sweep asset.

You can also partially close existing positions held as Cash Sweep instruments for both entity-level and cash account-level positions, and then sweep additional cash in to and out of the position.