Page Comparison

...

The following fields are critical for modeling LME Futures:

• Primary Exchange (17) = LME (London Metal Exchange)

• Variation Margin (4533) = No

• Variation Margin Rule (2289) = Standard Life-to-Date

• Prompt Date (2302): settlement date of net cash

  • This replaces a typical Future’s Expiration Date (38)

• Last Trade Date (5076): last date trades can be entered

  • Typically the trading day prior to Prompt Date

...

• Select Query Option (2283): must be One Entity/One Security or One Entity/All Securities

• Expiration Processing Date (221): effective date of the early close

  • There must be an open accounting period for this date, otherwise the CLOSEFUTURE for the long side will fail

• Expire Override Flag (16814) = YES

• Reason (56): optionally enter a user-defined value that will be stored on the resulting transactions

• User Defined Float3 (1892): optionally enter the group ID