Book Open Trades for Interest Rate Swaps

To manually book an open trade for an interest rate swap contract, pay leg, and receive leg:

1. In the Accounting Center, in the left navigation, click Transactions > Trades.
   You see the Book Trade workspace.
2. Complete the options in the Search Details pane and click Search.
   You see the search results based on the criteria you selected.
3. Select the row with the security you want to trade.
4. On the Book Trade tab, in the Actions group, click Action Rules, point to Open and click Open Swap Contract.
   You see the Open Interest Rate Swap panel.
5. Complete the contract, pay leg, and receive leg options on the Open Interest Rate Swap panel.
   Once you enter the basic trade details, the multi row pane at the bottom of the panel opens up.
   The example that follows shows how multiple legs are displayed the Open Interest Rate Swap panel.             
   
   The panel refreshes when you click the contract, pay leg, or receive leg rows in the multi row pane.
6. Click Submit.
   Once the trade is booked, it follows all core accounting processes.