- In the Accounting Center, in the left navigation pane, click Transactions > Trades > Cancel Trade > Cancel Trade.
You see the Cancel Trade panel. - Complete the options on the Cancel Trade panel.
This panel is not security type specific. For example, you can use it to cancel equity, fixed income, and forward currency trades. It contains three main lookups:
– Entity Lookup. Specifies the entity using the Entity ID or Entity Name fields.
– Security Lookup. Specifies the Issuer Name/Xref ID/Ticker, Event ID, and Target Trade Ticket Number to search for a security. The lookup only returns securities held by the entity.
– Trade Lookup. Displays all trades booked for the security you selected via the security lookup in the Choose Trade to Cancel field. Select the trade you want to cancel. You can modify the Account Date. If you cancel a settled trade, the system automatically cancels the settlement of that trade using the Rollback and Replay process. - Click Submit.
If you track pending transaction activity, be aware that when you use the system to manually cancel a transaction, the system allows you to evaluate the transaction again. The system inserts the transaction into the PENDING_TRADES table, sets the transaction's Pending Trade Flag field to Y, and applies a pending status to the transaction. The pending transaction reflects values for the entity's controlling basis if one exists. Otherwise, it reflects the entity's primary basis. If you cancelled the transaction in error, this process enables you to evaluate the transaction and release it to the STAR accounting engine for processing, if appropriate.
Cancel Trade Panel Options
The following are the options in the Cancel Trade panel.
Option | Tag | Description |
|---|---|---|
Entity Information | ||
Entity ID | 1163 | Specifies the unique identifier of the entity. |
Entity Name | 1164 | Specifies the name of the entity. |
Base Currency | 86 | Displays the base currency of the entity. |
Accounting Basis | 21 | Specifies the primary accounting basis for the entity. Options include:
|
Issue Information | ||
Cancel Trade By | 1256 | Specifies the security identifier for the trade you want to cancel. Options include:
Additional options are displayed based on your selection. |
Event Type | 55 | Displays the business intent of the event. |
Begin Date | 220 | Defines the begin date. |
End Date | 221 | Defines the end date. |
Long/Short Indicator | 15 | Indicates whether a position is long or short. |
Instrument Type | 11 | Displays the type of instrument. |
Security Type | 82 | Displays the security identification number. |
Processing Security Type | 3931 | Displays the processing security type. |
Issue Currency | 85 | Displays the issue currency. |
Cancel Trade Detail Information | ||
Choose Trade to Cancel | 962 | Displays all trades booked for the security. |
Cancel Effective Date | 35 | Displays the cancel effective date. |
Cancel Accounting Date | 36 | Specifies the cancel accounting date. |
Cancel Monthly Accounting Date | 4733 | Displays the cancel monthly accounting date. |
Original Accounting Date | 7560 | Displays the original accounting date. |
Original Monthly Accounting Date | 7561 | Displays the original monthly accounting date. |
Target Event Type | 502 | Displays the target event type. |
Quantity | 40 | Displays the quantity. |
Price | 45 | Displays the price. |
Local Net Amount | 50 | Displays the local net amount. |
Target Event ID | 26 | Displays the target event ID. |
Other Information | ||
Transaction Notes | 56 | Specifies notes about the transaction. |
Cancel a Batch of Trades
In the Batch Cancel Trades panel, you can cancel a batch of trades for one or more entities and/or securities.
To cancel a batch of trades:
- In the Accounting Center, in the left navigation pane, click Transactions > Trades > Cancel Trades > Batch Cancel Trade.
You see the Batch Cancel Trade panel. - Complete the options on the Batch Cancel Trade panel.
- Click Submit.
Batch Cancel Trades Panel Options
The following are the options in the Batch Cancel Trades panel.
Option | Tag | Description |
|---|---|---|
Date Range | ||
Date Range Based On | 1257 | Specifies the date type. Options include:
|
Start Date | 220 | Defines the start date. |
End Date | 221 | Defines the end date. |
Entity Information | ||
Entity ID | 1163 | Specifies the identifier of the entity. |
Entity Name | 1164 | Specifies the name of the entity. |
Issue Information | ||
Xref Type | 1234 | Specifies the security identifier type. |
Issue Name | 961 | Specifies the issue name. |
Ticker | 13 | Specifies the ticker. |
Xref ID | 1233 | Specifies the security identifier. |
Batch Information | ||
Choose Trade to Cancel | 962 | Displays all trades booked for the security. |
Batch Identifier | 701 | Specifies the batch identifier. This optional field must be supplied by the client. |
Level of Batch Cancel | 1256 | Determines the processing of batch cancels. Options include:
|
Target Trade Ticket Number | 762 | Displays the target trade ticket number. |
Trade Date | 35 | Displays the trade date. |
Batch Cancel Accounting Date | 36 | Specifies the batch cancel accounting date. |
Batch Cancel Monthly Accounting Date | 4733 | Displays the batch cancel monthly accounting date. |
Original Accounting Date | 7560 | Displays the original accounting date. |
Original Monthly Accounting Date | 7561 | Displays the original monthly accounting date. |
Broker Name | 1235 | Displays the broker name. |
Broker Code | 88 | Displays the broker code. |
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