Open Rights/Warrants Panel Options
The following are the key options in the Open Rights/Warrants panel.
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Options may vary according to your selections. |
Entity Information
The following are the options for entity information:
- Entity ID (tag 1163). Specifies the unique identifier of the entity.
- Entity Name (tag 1164). Specifies the name of the entity.
- Base Currency (tag 86). Displays the base currency of the entity.
Issue Information
The following are the options for issue information:
- Trade Date (tag 35). Specifies the effective date of the trade. The trade date cannot be greater than the post date, accounting date, or settlement date.
- Accounting Date (tag 36). Specifies the date the trade is reported and has an effect on the entity's holdings and cash balances. The accounting date must be greater than the trade date.
- Monthly Accounting Date (tag 4733). Displays the month end accounting date.
- Settlement Date (tag 37). Specifies the date the trade is settled.
- Event Type (tag 55). Specifies the business intent of the transaction.
- Long/Short Indicator (tag 15). Displays an L (long) or S (short) to indicate whether the position is long or short.
- Cross Reference Type (tag 1234). Specifies the cross reference type associated with the security.
- Issue Name (tag 961). Specifies the name of the security.
- Ticker (tag 13). Specifies the trade ticker of the security.
- Cross Reference ID (tag 1233). Specifies the cross reference identifier associated with the security.
- Instrument Type (tag 11). Displays the instrument type.
- Security Type (tag 82). Displays the security type of the asset.
- Issue Currency (tag 85). Displays the local currency of the security.
- Expiration Date (tag 38). Displays the date the final principal payment is due on the security.
Accounting Information
The following are the options for accounting information:
- Quantity (tag 40). Specifies the traded quantity of the security. The value must be greater than zero.
- Price Per Share (tag 45). Specifies the trade price per share. The value must be greater than zero.
- Principal (tag 165). Displays the principal amount based on the following formula: (Current Shares * Quantity Scale ) * (Price * Price Factor)). This product is rounded to the local currency precision.
- Implied Commission Indicator (tag 78). Indicates if commission is included in the price. Options include No and Yes.
- Commission (tag 47). Specifies the amount of the trade commission.
- SEC Fee (tag 48). Specifies the SEC fee. The system calculates the SEC fee if certain criteria is met.
- Tax Amount (tag 46). Specifies the tax amount on the transaction.
- Stamp Duty Tax (tag 51). Specifies the stamp duty amount on the transaction.
- Other Fee (tag 3752). Specifies any additional fees on the transaction.
- Local Net Amount (tag 50). Displays the net amount of the trade based on the following formula: Principle + Fees.
- Settlement Currency (tag 63). Specifies the currency in which the trade is settled.
- Settlement Net Amount (tag 64). Displays the actual settled amount of the trade. The value must be greater than zero.
- Local to Base FX Rate (tag 87). Displays the foreign exchange rate used to calculate the net base amount. The value must be greater than zero.
- Base Net Amount (tag 478). Displays the base amount of the trade. This amount is calculated based on the following formula: Local Net Amount / Local to Base FX Rate. The value must be greater than zero.
Settlement Information
The following are the options for settlement information:
- Auto Settle Trade Indicator (tag 58). Indicates whether the system settles the trade, coupon, and miscellaneous income and expenses automatically. If the entity's Auto Settle Indicator field is set to Yes, as specified on the Add/Change Entity or Master Fund Setup panels, the system will create a settlement when the trade is processed. There will be no trade to settle date gain/loss. This applies even if the settlement date is in the future. Eagle recommends that you set the Auto Settle Indicator field to No for the entity and trade panels. Options include:
– Yes. The system automatically settles the trade, coupon, and miscellaneous income and expenses. The system retrieves the settle date FX rate if the local currency does not equal base and generates a trade to settle date gain/loss.
– No. Default. The system does not automatically settle the trade, coupon, and miscellaneous income and expenses. You must schedule the settlement for these transactions using the Contract Cash panel. Or, manually settle the transactions using the Multiple Settlements panel. - Broker Name (tag 1235). Specifies the name of the primary broker.
- Broker Code (tag 88). Specifies the code that represents the broker. The system allows you to add additional broker codes.
- Clearing Broker (tag 1236). Specifies the name of the clearing broker, if different from the trade broker.
- Clearing Broker Code (tag 1237). Specifies the code for the clearing broker.
- Custodian Bank Name (tag 1146). Specifies the name of the custodian bank responsible for the trade.
NOTE: You must establish a relationship between the custodian bank and your entity prior to booking the trade. - Custodian Bank Code (tag 1240). Displays the code of the custodian bank.
- Custody Bank Account Number (tag 1660). Displays the custodian bank primary account number.
- Custody Bank Subaccount (tag 1661). Displays the custodian bank subaccount number.
- Settle Instructions 1 (tag 1897). Allows you to add settlement notes.
- Settle Instructions 2 (tag 1898). Allows you to add settlement notes.
- Settle Instructions 3 (tag 1899). Allows you to add settlement notes.
- Settle Instructions 4 (tag 1900). Allows you to add settlement notes.
- Settle Location (tag 43). Specifies the location in which the trade is settled.
- Exchange Name (tag 2291). Specifies the marketplace in which the security is traded. It is also used with global tax withholding and tax reclaim processing.
- Exchange Code (tag 17). Specifies the code of the marketplace in which the security is traded.
Other Information
The following are the options for other information:
- Derivative Elections (tag 56). Specifies the derivative elections. Options include:
– Hedging Effective
– Hedging Other
– Income Generation
– Replications
– Other - Original Trade Ticket Number (tag 761). Contains the trade ticket identification number. The system uses it during processing. For example, IDLOT close or cancel events use this number to locate an open lot.
- Regulatory Intent (tag 8915). If you now hold the trade in an entity/accounting basis with the new International Financial Reporting Standards (IFRS) regulatory category of Fair Value Profit Loss (FVPL) but previously held the trade in an entity/accounting basis with the old regulatory category of Fair Value Option (FVO) or Held for Trading (HFT), you can identify the old regulatory category specified for the trade at the entity/accounting basis level. You can specify a value for reporting purposes only. Options include:
– Fair Value Option. Indicates the trade was previously held in a regulatory category of Fair Value Option, used for instruments managed on a fair value basis.
– Held for Trading. Indicates the trade was previously held in a regulatory category of Held for Trading, used for instruments held with the intent of selling them. - Holding Term (tag 9091). Specifies the holding term for the trade based on the number of days between the original acquisition date (tag 216) and the maturity date (tag 35) on the lot. If you use ledger reporting based on ledger granularity rules to break out accounts by holding term, the system uses this value to identify the holding term for trades related to bonds and preferred stocks. Eagle Accounting's core transaction processing calculates the holding term for you, but you can manually override the value displayed in this field. Eagle Insurance clients that use ledger granularity rules have the system calculate the holding term based on the schedule associated with a lot. Options include:
– Short Term. Identifies a short term holding. If the Holding Term Method field (tag 11479) in the trade's accounting basis has a value of 90 days, a short term holding term is 91 days to a year. If the Holding Term Method field has a value of 3 months, a short term holding term is 3 full months to a year.
– Cash Equivalent. Identifies a cash equivalent holding. If the Holding Term Method field (tag 11479) in the trade's accounting basis has a value of 90 days, a cash equivalent holding term is 90 days or less. If the Holding Term Method field has a value of 3 months, a cash equivalent holding term is 3 full months or less. - Pending Trade Flag (tag 3695). Specifies whether the trade is eligible for pending trade processing prior to processing by the STAR accounting engine. If you use pending trade processing, the system can assign this value to incoming transactions that meet flagged position rule criteria. Or an incoming transaction can include this value. This field is hidden. Options include Y and N.
- Pending Trade Status (tag 3720). Specifies the trade's transaction status for pending trade processing prior to processing by the STAR accounting engine. If you use pending trade processing, the system can assign a value of Pending to incoming transactions that meet flagged position rule criteria. Or an incoming transaction can include a value of Pending or a custom pending transaction status value defined in the PEND_TRD_STATUS code category. The default status is Pending if no status is provided. This field is hidden.
- User Defined Priority (tag 2862). Specifies the user generated number that determines the event sub priority. That is, after the system accounts for the event sequence and corporate action sequence.
- Order Number (tag 1092). Specifies the order number of the transaction. This can be the same for multiple lots.