Define Entity to Custodian and Clearing Broker Relationships
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???? what are do you selecting in create the entity & clearing broker field? it looks like a bank account relationship . what do you select for a non CS entity then? did it used to pull the broker codefor entities both with and without Cash Segregation? or just with? |
Book Trades for Derivatives for Cash Segregation
When you book a manual trade for an entity that uses cash segregation, you must provide custodian and cash account information for all types of securities.
If you book a trade for an exchange cleared security (credit index swaps, credit default swaps, and interest rate swaps), the system uses the clearing broker for segregation purposes, and you must specify the clearing broker for the trade. You must identify the Clearing Broker (tag 1236) and the Clearing Broker Code (tag 1237) on the following panels if the Variation Margin (tag 4533) option displays a value of Yes:
- Open Currency Rate Swap panel
If you are booking a trade for a total return swap, the system uses the bank alias for segregation purposes.
The following are the options in the trade panels that apply to derivatives eligible for cash segregation.