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When multiple events occur throughout the day, they must be processed in the correct sequence to provide the proper accounting treatment of the transactions. Each transaction in Eagle's Accounting solution has a system defined event priority that determines the order in which a transaction is processed. The event type with the lower event priority is processed before the event type with a higher event priority.

Corporate actions also have a system defined event priority. Additionally, they have a user defined sub-priority, which determines how the actions are processed when there are multiple corporate actions in a single day.

You can view event priorities in the Web Panel Designer. The following table lists common event types and event priorities. 

Message Type

Event Type

Event Priority

MTOPENADD_ECL_GROUP75

MTOPEN

BUY

75

MTOPEN

CONVERSION

0

MTOPEN

BUYFUT

63

MTOPENLPOPEN63

MTOPEN

REC

63

MTOPEN

SHORTSELL

84

MTOPEN

SPOT

95

MTCLOSE

DEL

144

MTCLOSE

EXPIRE

178

MTCLOSELPCLOSE144

MTCLOSE

PAYDOWN

1

MTCLOSE

SELL

147

MTCLOSE

SPOT

95

MTCLOSE

MATURITY

147

MTEARN

EARN

999

MTEARN

MARGIN

999

MTCANCEL

CANCEL

1

MTACTION

SPLIT

1

MTACTION

STOCKDIV

1

MTACTION

QTYADJ

1

MTADJUSTADJ_ECL_ASSET999
MTADJUSTADJ_ECL_TRANSITION999

MTADJUST

DECROPEN

99

MTADJUSTLPCALL96
MTADJUSTLPCAP96
MTADJUSTLPCASH96
MTADJUSTLPCOMMIT96

MTADJUST

INCROPEN

96 

MTADJUSTWRITEDOWN1000
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