In the Create Contract Cash Rule Details panel, you can add security details and contractual settlement details for a contract cash rule. You can associate one or more rule details with a contract cash rule. You must create contractual settlement details for each processing security type you want to settle.
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Option | Tag | Description |
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Rule Information | ||
Contract Cash Rule Name | 11833 | Identifies the name of the contract cash rule estabilished in the Create Contract Cash Rule panel. |
Security Information | ||
Asset ID Type | 1432 | If you want to create a security-specific rule, specifies the asset identifier type for the security. |
Asset ID | 364 | If you want to create a security-specific rule, specifies the asset identifier for the security. |
Issue Name | 961 | If you want to create a security-specific rule, specifies the name of the security. |
Processing Security Type | 3931 | Specifies the processing security type for the assets to settle through contract cash. You must create contractual settlement details for each processing security type that you want to settle. |
Contractual Settlement Details | ||
Contractual Cash Settlement Type | 1304 | Identifies the type of cash to settle when processing cash settlements. The Contractual Cash Settlement Type election on the rule establishes the limit for the types of cash that can be settled during contract cash processing. For example, if you set Contractual Cash Settlement Type election to Trade Only, but set the Corporate Actions election to Trade and Income, the contract cash process does not settle any income derived from corporate actions. Options include:
WRITERS NOTE: attachment says: You can set up a Contract Cash rule that allows for both Income and Trade to contractually settle; and you can exclude currencies from settling contractually. However, within the one rule you cannot allow some to settle just Trade, just Income, or Both. |
Currency Exclusion Rule Name | 17753 | Specifies the name of the currency exclusion rule to use for the selected detail row. If you do not want to exclude any currencies, select EXCLUDE_NONE. Otherwise, if you want to exclude one or more currencies, select a currency exclusion rule that you create. |
Reclaim Exclusion Switch | 2414 | Indicates whether to exclude dividend reclaims from contract cash. Options include:
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Contractual Maturity Settlement | 1098 | Indicates whether to settle maturities in contract cash. Options include:
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Corporate Actions | 8881 | Identifies the type of cash to settle for corporate action events. Options include:
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