In the Create Unit Separations/Unit Splits panel, when you create a corporate action announcement for a unit separation, you can select various options based on the requirements of your business. Note options may vary according to your selections.
Option | Tag | Description |
|---|---|---|
Lookup Security Information | ||
Client Specific CA ID | 1695 | Specifies the client specific identifier for the corporate action. |
Source Name | 1102 | Specifies the source name for the corporate action. The default value is Eagle PACE. |
Original Source Name | 4003 | Specifies the original source name for the security. |
From Asset ID Type | 1432 | Specifies the primary asset identifier type for the From security, such as CUSIP, ISIN, and SEDOL. |
From Asset ID | 14 | Specifies the primary asset identifier of the From security. |
From Issue Name | 961 | Specifies the name of the From security. |
Maturity Date | 38 | Displays the maturity date of the From security. |
From Issue Currency | 3962 | Displays the local currency of the From security. |
From Pre Action Price | 1264 | Specifies the pre action price for the From security. This price is used in the Fair Market Value report. Typically, this price is the close price or last traded price. |
From Post Action Price | 369 | Specifies the post action price for the From security. This price is used in the Fair Market Value report. Typically, the post action price is the open or first traded price of the existing security, and this value is used in the cost allocation percentage calculation. |
Accounting Details | ||
Trans Type | 1257 | This hidden field displays the transaction type that the system uses to process the transaction. For example, NONTAXMERGP. |
Sweep Date | 1197 | Specifies the date that the global processes use to extract the corporate action for processing at the global level and apply it to eligible entities/holdings. |
Ex Date | 65 | Specifies the ex-date of the corporate action. The ex-date is the entitlement date of the corporate action. Ex-date is equal to the Trade Date of the corporate action. |
Record Date | 1694 | Specifies the record date of the corporate action. |
Announcement Date | 1260 | Specifies the announcement date of the corporate action. |
Pay Date | 1275 | Specifies the pay date of the corporate action. The pay date is the settlement date of the corporate action. |
Treatment of Fractional Shares | 3965 | Specifies how the system treats fractional shares for the corporate action. A fractional share is less than a single share of stock. Options include:
|
Rounding Point. | 8028 | Identifies the rounding point used if you round fractional shares to the nearest number of whole shares |
Corporate Action Sub Priority | 3961 | Determines the order in which to process the corporate action when multiple corporate actions have the same Effective Date. Corporate action priority is from low to high; that is, an event with a corporate action priority of 1 is processed prior to an event with a corporate action priority of 10. The default value is 1. |
Corporate Action Status | 54 | Indicates if the corporate action is correct and ready for processing. Options include:
|
Mandatory/Voluntary Indicator | 1734 | Indicates whether the corporate action is mandatory or voluntary. Options include:
|
Unit Separation / Unit Split Details | ||
To Asset ID Type | 1103 | (tag). Specifies the primary asset identifier type for the To security, such as CUSIP, ISIN, and SEDOL. For a unit separation, this is the underlying security for the selected leg to which the security separates. |
To Asset ID | 1348 | Specifies the asset ID of the To security. |
To Issue Name | 1141 | Specifies the name of the To security. |
To Maturity Date | 337 | Specifies the maturity date of the To security. |
To Issue Currency | 3962 | Displays the local currency of the To security. |
To Post Action Price | 319 | Captures the open or first traded price of the new security for the selected leg. The value in this field is used in the cost allocation percentage calculation when multiple legs of a corporate action are present. |
From Shares | 1710 | Specifies the number of shares to split/combine for the From security for the selected leg. This value is used to determine the To Ratio (Shares) value. |
To Shares | 1723 | Specifies the number of shares to split/combine for the underlying To security for the corresponding From Shares for the selected leg. This value is used to determine the To Ratio (Shares) value. |
To Ratio (Shares) | 1001 | Specifies the ratio used to split or combine the From security to the To security for the selected leg. This ratio determines the number of shares that result from one unit of the From security. The system calculates the ratio based on the value of the From Shares and To Shares entered, but you can change it. |
Corporate Action Type | 1728 | Identifies the business name of the corporate action. Options include Unit Separation. |
Corporate Action Notes | 1740 | Specifies user-defined information about the corporate action. |