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These events will be scheduled to run automatically in production, but can be triggered manually via Global Process Center (prior to V17) or Accounting Center |
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> Processing and Exceptions |
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> Global Processes (V17 and above).
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Variation Margin |
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V15 R2 & AboveVM calculation and approval can be processed using a single event. Approve Margin (16005) has been added to the Variation Margin panel. If Approve Margin =
Variation Margin: V17 R2 & AboveVM settlement date can be calculated based on a calendar linked to a security's exchange, using Add Exchange Calendar Relationship. This is especially valuable if you do not use entity-level calendars in Accounting. If you do, it will override the entity-level calendar. Once configured, the calculation of each day's VM cash settlement date |
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(for all securities traded on a given exchange |
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) will use the calendar linked to that exchange. Rollback/ReplayPrior to V15 R2: if a backdated trade is booked, VM must be rolled back to TD-1 of the backdated trade, and then VM calculation and approval must both be replayed through current day. V15 R2 & Above: if a backdated trade is booked, VM will automatically be replayed to the most recent VM date prior to the trade being entered. VM for the intervening days can either be approved Daily (a cash record for each day) or Accumulated (a single net cash record). |