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• Auto Inactive Securities Based On (1257): Maturity Date is the default, Dated Date is only used for TBAs with Processing Security Type (3931) = DBTATA

• Maturity Date (38) or Dated Date (1183): one or the other is required based on the previous field

  • Must be prior to current day

  • This would typically be set to yesterday's date when scheduled to run daily, in conjunction with an appropriate lag

• Exclude Securities Based On Position (1256): you can exclude securities that have accounting positions (Star Position), data management positions (Pace Position), or Both

• The following fields can be used to limit the scope of the event if you do not want it to run for your full universe of securities:

  • Investment Type (11)

  • Processing Security Type (3931)

  • Security Type (82)

• Auto Inactive days from Maturity Date/Dated Date (1567): specifies the lag in calendar days before putting a security into inactive status

  • When the event is triggered, it counts backwards using this field, inclusive of Maturity Date or Dated Date

  • For example, the results of submitting the event with Maturity Date = 2/2/2022 and a lag of 30 days are shown below

Workaround

If you cannot use the process described above, a manual workaround is available.

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