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- Type (green arrow): Calc from Alternate Security (Same Crncy), Calc from Alternate Security (Alternate Crncy), or Calc Price from Underlying Security
- If Calc from Alternate Security is selected, the identification criteria of the security being used for pricing will have to be defined (Source Security, red arrow, screenshot below)
- If Calc Price from Underlying Security is selected, Pricing Center will already know which security to target assuming there is an active underlying relationship in the underlying_security table (this can be entered using Add Underlying Security)
- Target Security Criteria (blue arrow): identification criteria of the security being priced
- Price Source: pricing source for alternate/underlying security price
- Price Date Rule: date rule that will be used for the calculation
- FX Source: FX source to convert alternate currency security price (this can differ from the fund’s FX source)
- If the underlying security is the same currency as the parent this field should be left blank
- FX Field: type of FX rate that will be used to convert alternate currency security price
- If the underlying security is the same currency as the parent this field should be left blank.
Target Security Criteria
Source Security (only defined for Type = Calc Price from Underlying Security)
Price Formula
Price Rule
Attach price adjustment created above to price rule.
Once complete, the price adjustment will have a dependency on the equity “parent” rule. The alternate/underlying security should be priced first via the "parent" rule. This alternate/underlying price will then apply to the ELN based on the price adjustment configuration.