Versions Compared

Old Version 4

changes.mady.by.user Jawann Swislow

Saved on

compared with

New Version Current

changes.mady.by.user Jawann Swislow

Saved on

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

...

Eagle Accounting has support for Futures with negative prices, but local configuration changes are currently required to implement the functionality. This document outlines the required changes for booking trades and maintaining prices, which are used to calculate valuation and variation margin. It is intended for an experienced technical user who is familiar with Eagle's web panel technology. Our recommendation is to work with your Client Operations Manager or your Global Professional Services team.

Include Page
IE Formatting Notes
IE Formatting Notes

Implementation

Changes are required for Add Issue Price, Change Issue Price, and the Future panels used by Book Trade. Ensure all code changes are applied in Overlay edit mode.

  • Column: Negative values allowed

  • Original value: NO or 0 (they are equivalent)

  • New Value: YES or 1 (they are equivalent)

Price: Add Issue Price

File: /eagle/star/reference/pan-addsecprice.htm

  • In the ...PANEL tab, set Negative values allowed = YES/1 for the seven (7) fields shown below

...

  • Image Added

  • In the ...LISTBOX tab, add AND (left(:3931:,2) != "FT") to the 0i Link ID scripts for defentry :481:, :1846:, :1847:, :1850:, and :1845:

    • Additions are highlighted in green

      The end result should match what is shown below

0i

script


0i

defentry

:481:

0i

text

IF(left(:3931:,2) != "SW") AND (left(:3931:,2) != "FT") AND (:481: < 0) THEN ERR("Price Must Be Greater Than Zero");

0i

end


0i

script


0i

defentry

:1846:

0i

text

IF(left(:3931:,2) != "SW") AND (left(:3931:,2) != "FT") AND (:1846: < 0) THEN ERR("Bid Price Must Be Greater Then Zero");

0i

end


0i

script


0i

defentry

:1847:

0i

text

IF(left(:3931:,2) != "SW") AND (left(:3931:,2) != "FT") AND (:1847: < 0) THEN ERR("Ask Price Must Be Greater Then Zero");

0i

end


0i

script


0i

defentry

:1850:

0i

text

IF(left(:3931:,2) != "SW") AND (left(:3931:,2) != "FT") AND (:1850: < 0) THEN ERR("Mid Price Must Be Greater Then Zero");

0i

end


0i

script


0i

defentry

:1845:

0i

text

IF(left(:3931:,2) != "SW") AND (left(:3931:,2) != "FT") AND (:1845: < 0) THEN ERR("Last Traded Price Must Be Greater Then Zero");

0i

end


  • Click Save

Price: Change Issue Price

File: /eagle/star/reference/pan-changesecprice.htm

  • In the ...PANEL tab, set Negative values allowed = YES/1 for the eight (8) fields shown below

...

  • Image Added

  • In the ...LISTBOX tab, add AND (left(:3931:,2) != "FT") to the 0i Link ID scripts for defentry :481:, :1846:, :1847:, :1850:, and :1845:

    • Additions are highlighted in green

      The end result should match what is shown below

0i

script


0i

defentry

:481:

0i

text

IF(left(:3931:,2) != "SW") AND (left(:3931:,2) != "FT") AND (:481: < 0) THEN ERR("Price Must Be Greater Than Zero");

0i

end


0i

script


0i

defentry

:1846:

0i

text

IF(left(:3931:,2) != "SW") AND (left(:3931:,2) != "FT") AND (:1846: < 0) THEN ERR("Bid Price Must Be Greater Then Zero");

0i

end


0i

script


0i

defentry

:1847:

0i

text

IF(left(:3931:,2) != "SW") AND (left(:3931:,2) != "FT") AND (:1847: < 0) THEN ERR("Ask Price Must Be Greater Then Zero");

0i

end


0i

script


0i

defentry

:1850:

0i

text

IF(left(:3931:,2) != "SW") AND (left(:3931:,2) != "FT") AND (:1850: < 0) THEN ERR("Mid Price Must Be Greater Then Zero");

0i

end


0i

script


0i

defentry

:1845:

0i

text

IF(left(:3931:,2) != "SW") AND (left(:3931:,2) != "FT") AND (:1845: < 0) THEN ERR("Last Traded Price Must Be Greater Then Zero");

0i

end


  • Click Save

Trade: Future with Variation Margin

File: /eagle/star/trade/pan-futurewvariationmargin.htm

  • In the ...PANEL tab, set Negative values allowed = YES/1 for the nine (9) fields shown below

...

  • Image Added

  • In the ...LISTBOX tab, right-click and select Comment Row to disable the validation error shown below

...

  • Image Added

  • Click Save

Trade: Futures without Variation Margin - Open Future

File: /eagle/star/trade/pan-futureopen.htm

  • In the ...PANEL tab, set Negative values allowed = YES/1 for the seven (7) fields shown below

...

  • Image Added

  • In the ...LISTBOX tab, right-click and select Comment Row to disable the two validation errors shown below

...

  • Image Added

...

  • Image Added

Trade: Futures without Variation Margin - Close Future

File: /eagle/star/trade/pan-futureclose.htm

  • In the ...PANEL tab, set Negative values allowed = YES/1 for the seven (7) fields shown below

...

  • Image Added

  • In the ...LISTBOX tab, right-click and select Comment Row to disable the two validation errors shown below

...

  • Image Added

...

  • Image Added

Excerpt

Known Issues

  1. Reporting: negative prices are not returned on the Variation Margin report. Zeroes are returned instead of the true negative values.

    1. Negative prices can be viewed correctly on the Holdings, Portfolio Valuation, and other position reports.

  2. Manual Cash Settlement: this issue only applies if Eagle's variation margin processing is turned off and an entity has Net Futures Positions (632) = Yes. If a position goes short (negative units) at a negative price, then is closed for a gain, you will receive this error when you attempt to settle the cash using Multiple Settlements Panel: ENGINE ERROR. Unbalanced ledger posting activity. Debits not equal credits. Check estar.log for more information.-- Event ID - D1MPJLKU9NFHB12I

    1. Cash can be settled correctly using Contract Cash.

    2. Fixed in V17.