When you create or edit an entity, you can use the Variation Margin Override Rule Name option to assign a variation margin override rule to an entity. This option is available when you use the Create/Edit Entity panel or the Create Master Fund panel. The variation margin override rule identifies the processing security types that Eagle Accounting should process without variation margin, regardless of the Variation Margin setting on the security master record.
A field definition follows.
| Options | Tag | Description |
|---|---|---|
| Variation Margin Override Rule Name | 1081 | Allows multiple clients on the same platform to share the same security reference data for futures, future options, and/or cleared swap security master records but to suppress, by entity and processing security type, the variation margin logic on securities set up for variation margin. Futures, future options, and swaps include a Variation Margin (tag 4533) option on the security master record that indicates whether to calculate variation margin. In multi-client environments, some clients may want to use Eagle's variation margin functionality while other clients need to use a model external to Eagle Accounting for variation margin processing. In order to maintain a single security master record and accommodate client-specific elections, an entity-level variation margin override setting allows you to override the security-level setting in applicable entities for certain processing security types. You cannot edit this field after you create the entity. You cannot apply a variation margin override rule to an entity if the rule includes a processing security type that the entity ever held. |
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