In the Book Preferred stock panel, when you book preferred stock for an issuance, buyback, or offered offering cost for preferred stock, you can select various options based on the requirements of your business.
Option | Tag | Description |
|---|---|---|
Preferred Shares Transaction Entity Information | ||
Entity ID | 1163 | Specifies the unique identifier of the entity. Ensure you select a closed-end fund eligible for preferred shares processing. |
Entity Name | 1164 | Specifies the name of the entity. |
Share Class | 34 | Displays the Total Fund (TF) share class. |
Share Series | 16851 | Specifies the share series code value short description for the transaction. For example, A. |
Share Series Name | 1177 | Displays the code value long description for the selected share series. For example, SERIES A. |
Date Information | ||
Trade Date | 35 | Specifies the effective date of the transaction. The trade date cannot be greater than the post date, accounting date, or settlement date. |
Accounting Date | 1197 | Specifies the trade date of the transaction. |
Monthly Accounting Period Date | 4733 | Displays the month end accounting date. |
Settlement Date | 37 | Specifies the date the transaction is settled. |
Share Activity | ||
Prior Preferred Shares Balance | 3209 | Displays the prior day preferred shares balance for the selected entity/share series prior to booking this transaction. If you book an issuance transaction and a balance exists for the selected preferred series, the transaction is a continuous instance. Otherwise, if you book an issuance transaction and no balance exists for the selected preferred series, the transaction is a new issuance. |
Transaction Data | ||
Transaction Type | 1257 | Identifies the type of preferred stock transaction. Options include:
|
Asset Currency | 85 | Displays the local currency of the security. |
Trade Date Fx Rate | 87 | Displays the foreign exchange rate used to calculate the net base amount. The value must be greater than zero. |
Share Amount | 40 | Specifies the traded quantity of the preferred stock for the entity/share series. The value must be greater than zero. |
Unit Price | 45 | Specifies the trade price per share. The value must be greater than zero. |
Preferred Par | 16853 | Displays the par value of preferred shares. |
Commission Per Share | 51 | Specifies the commission per share for a buyback transaction. This field appears if you select a transaction type of Buyback. |
Commission | 47 | Specifies the commission fee for a buyback transaction. This field appears if you select a transaction type of Buyback. |
Underwriting Fee | 48 | Specifies the underwriting fee for the transaction. |
Offering Cost | 16852 | Specifies the offering cost associated with |
a preferred shares |
transaction. This field appears if you select a transaction type of Issuance. | ||
Local Net Amount | 50 | Displays the net amount of the trade based on the following formula: Principle + Fees. |
Settlement Net Amount | 64 | Displays the actual settled amount of the trade. The value must be greater than zero. |
Local to Base FX Rate | 87 | Specifies the foreign exchange rate used to calculate the net base amount. The value must be greater than zero. |
Base Net Amount | 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. |