The following are the options in the Create Pending Trade Rule Detail panel, where you can specify general criteria used to identify pending transactions. Some options appear only in the grid at the bottom of the panel.
Option | Tag | Description |
|---|---|---|
Entity Information | ||
Entity ID | 1163 | Specifies the unique identifier of the entity. If you specify an entity, ensure the entity's Pending Trade Eligible Indicator field (tag 3679) is set to Yes so the entity is eligible for pended transaction activity when used with pending trade rules. |
Entity Name | 1164 | Specifies the name of the entity. |
Security Information | ||
Issue Name | 961 | Specifies the name of the security. |
Ticker | 13 | Specifies the system of letters used to uniquely identify a security. |
Xref Type | 1234 | Specifies the cross reference security type, such as SEDOL, CUSIP, and so on. |
Xref ID | 1233 | Specifies the cross reference security identifier. |
Processing Security Type | 3931 |
Specifies the processing security type (PST). You can create a pending trade rule detail at the processing security type level. | |
Security Type | 82 |
Specifies the type of security. You can create a pending trade rule detail at the security type level. | ||
Position Quantity | 122 | Displays the current quantity of the position. |
Rule Options
Rule Options | ||
Pending Trade Indicator |
3695 | Indicates whether to process pending transactions for entities eligible for pending trade activity that meet the rule criteria. Options include:
| |
PT Rule Name | 17026 | Identifies the name of the pending trade rule associated with the selected pending trade rule detail. This field appears if you set Pending Trade Indicator to Yes. If you specify a value, the system applies the pending trade rule detail only to transactions for one or more entities that have the same PT Rule Name value assigned at the entity level. Otherwise, if you do not specify a rule name for this field, the system applies the pending trade rule detail only to transactions for entities that do not have a PT Rule Name value assigned at the entity level, as well as to master funds eligible for the pending trade workflow. You can associate a PT Rule Name with one or more entities, but cannot associate it with master funds. |
Message Type | 3822 | Specifies the message type associated with the transaction. Options include:
|
|
|
|
| ||
Event Type | 3821 | Specifies the event type if you do not specify a message type for the transaction. See the About Event Types section for more information. This field appears if you do not specify a value for the Message Type field. This value is not used for processing. Options include:
|
Event Type | 7001 | Specifies the event type for an MTOPEN event. See the About Event Types section for more information. This field appears if you specify a value for the Message Type field of MTOPEN. This value is not used for processing. Options include:
|
Event Type | 7002 | Specifies the event type for an MTCLOSE event. See the About Event Types section for more information. This field appears if you specify a value for the Message Type field of MTCLOSE or MTCANCEL. This value is not used for processing. Options include:
|
Indicates whether to process pending transactions for entities eligible for pending trade activity that meet the rule criteria. Options include:
- Yes. Assign a Pending status to transactions that meet criteria of the pending trade rule detail.
- No. Do not assign a Pending status to transactions that meet criteria of the pending trade rule detail. The transaction can process straight through to the STAR accounting engine.
| ||
Event Type | 7005 | Specifies the event type for an MTADJUST event. See the About Event Types section for more information. This field appears if you specify a value for the Message Type field of MTADJUST. This value is not used for processing. Options include:
|
Cancel Strategy | 16620 | Determines which, if any, cancel (MTCANCEL) transactions associated with the pending trade rule detail to pend during automated processing. This field appears if you set the Message Type to MTCANCEL. Options include:
|
CXL & Target Release Strategy | 16621 | Indicates whether to release pending cancel transactions to the STAR engine during automated processing for cancellation. It applies when you select a Message Type of MTCANCEL. This field appears if you set the |
Cancel Strategy to pend all or some cancel trades. Options include:
|
| ||
Manual Cancel Strategy | 16622 | Indicates whether to duplicate the target trade related to a cancel transaction during a manual cancel trade so you can possibly resubmit it as a pending transaction. This field appears if you set the Message Type to MTCANCEL. Options include:
|
PT Transaction Type | 17021 | Determines whether the system sends manual and/or automated trades that meet the pending trade rule detail criteria for review in the Pending Trades table prior to processing in the STAR accounting engine. An automated transaction has its Update Source (tag 988) value set to MTADMIN. This option becomes available if you set Pending Trade Indicator to Yes. Options include:
|
PT Review Required | 17022 | Determines whether the transaction requires review in the Pending Trades table prior to processing in the STAR accounting engine, such that you must release the trade individually and cannot release it in a group of pending trades. This field appears if you set Pending Trade Indicator to Yes. Options include:
|
PT Tolerance Check | 17023 | Determines whether the system applies a tolerance check to the transaction as criteria for whether to pend the trade. Eagle Accounting only sends transactions that exceed the specified tolerance to the Pending Trade table for further review. This field appears if you set Pending Trade Indicator to Yes. Options include:
|
Tolerance Percentage | 17024 | Specifies the net assets percentage tolerance value for the pending trade rule detail. This field appears if you set the PT Tolerance Check field to Yes - Net Assets %. An example follows. The Trade Net Amount is $500, where the entity Trade Net Amount is $10,000, and the trade represents 5% of the entity's Trade Net Amount. If you use a 1% tolerance percentage, Eagle Accounting pends this trade. If you use a 10% tolerance percentage, Eagle Accounting processes this trade straight to the STAR accounting engine. |
PT Net Amount Tolerance | 17025 | Specifies the net assets amount tolerance value for the pending trade rule detail. This field appears if you set the PT Tolerance Check field to Yes - Net Amount. |
Trade Status | 3720 | Specifies the transaction status of the pended transaction. This option allows you to associate a pending trade rule detail with transactions that have a custom status. This field appears if you set Pending Trade Indicator to Yes. You can select a value such as Pending, Hold, or a custom status. Options include:
|
Notes/Comments | 56 | Specifies any comments for the pending trade rule detail. |
Reason Code1 - Reason Code5 | 3884 | Identifies the reason for creating the pending trade rule detail. You must assign at least one reason code to the rule. You can also assign your own values for the Flag Reason code. Options include:
|