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In the Contract Cash Rule Details panel, you can add details for a contract cash rule. The options may vary according to your selections.
Option | Tag | Description |
|---|---|---|
Rule Information | ||
Contract Cash Rule Name | 11833 | Identifies the name of the contract cash rule established in the Create Contract Cash Rule panel. |
Security Information | ||
Asset ID Type | 1432 | If you want to create a security-specific rule, specifies the asset identifier type for the security. |
Asset ID | 364 | If you want to create a security-specific rule, specifies the asset identifier for the security. |
Issue Name | 961 | If you want to create a security-specific rule, specifies the name of the security. |
Processing Security Type | 3931 | Specifies the processing security type for the assets to settle through contract cash. You must create contractual settlement details for each processing security type that you want to settle. |
Contractual Settlement Details | ||
Contractual Cash Settlement Type | 1304 | Identifies the type of cash to settle when processing cash settlements. The Contractual Cash Settlement Type election on the rule establishes the limit for the types of cash that can be settled during contract cash processing. For example, if you set Contractual Cash Settlement Type election to Trade Only, but set the Corporate Actions election to Trade and Income, the contract cash process does not settle any income derived from corporate actions. You can set up a Contract Cash rule that allows for both Income and Trade to contractually settle, and you can exclude currencies from settling contractually. However, within a single rule you cannot allow some to settle just Trade, just Income, or Both. For example, if you create a rule for a particular processing security type (PST) such as Common Stock (EQCSCS), you cannot allow some EQCSCS to settle just Trade, just Income, or Both. The EQCSCS rule applies to all EQCSCS transactions. Options include:
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Currency Exclusion Rule Name | 17753 | Specifies the name of the currency exclusion rule to use for the selected detail row. If you do not want to exclude any currencies, select EXCLUDE_NONE. Otherwise, if you want to exclude one or more currencies, select a currency exclusion rule that you create. |
Reclaim Exclusion Switch | 2414 | Indicates whether to exclude dividend reclaims from contract cash. Options include:
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Contractual Maturity Settlement | 1098 | Indicates whether to settle cash records generated by maturities in contract cash. This field appears unless you select a security or processing security type for which maturities do not apply, such as equities. Options include:
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Corporate Actions | 8881 | Identifies the type of cash to settle for corporate action events. Options include:
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