Manage Rights/Warrants in Issue Viewer

In the Rights/Warrants panel, you can manually add and change a right or warrant. A right is a privilege allowing existing shareholders to buy shares of an issue of common stock shortly before it is offered to the public, at a specified (usually discounted) price in proportion to the number of shares already owned. A warrant is a certificate, usually issued along with a bond or preferred stock, entitling the holder to buy a specific amount of securities at a specific price, usually above the current market price at the time of issuance, for an extended period. In the case that the price of the security rises to above that of the warrant's exercise price, the investor can buy the security at the warrant's exercise price and resell it for a profit. Otherwise, the warrant will expire or remain unused. Warrants are listed on options exchanges and trade independently of the securities with which they are issued.

Content on this page:

This article assumes you are familiar with the entity elections that have been made for processing rights/warrants.

Add Rights/Warrants

To manually add a right/warrant:

In Accounting Center, in the left navigation pane, click Setup > Securities > Manage Securities > Issue Viewer.
You see the Issue Viewer tool.
Click the Add arrow.
Point to Equities and click Equities/Rights/Warrants.
You see the Equities/Rights/Warrants panel.
Complete the options on the Rights/Warrants panel.
The following fields are required to set up a right or warrant: Issue Name, Primary Asset ID Type, Primary Asset ID, Processing Security Type, Issue Country Code, Asset Currency, Settlement Currency, Income Currency, Expiration Date, and Right/Warrant Type.
Click Submit.

Change Rights/Warrants

Some fields are locked when there is an existing position on the security. This is because a change would impact the existing position. These fields include Asset Currency, Investment Type, Processing Security Type, Quantity Type, Price Multiplier, and Quantity Scale. Other fields are locked so they cannot be changed. See the About Locked Security Master Record Fields in Issue Viewer page for more information.

If you need to change a security master record, Eagle recommends canceling the security, making changes to the security master record, and rebooking the security.

To manually change a right/warrant:

In Accounting Center, in the left navigation pane, click Setup > Securities > Manage Securities > Issue Viewer.
You see the Issue Viewer tool.
Enter the query parameters and click Search.
You see a list of security records that meet your selection criteria in the Query Result window.
Select the security record you want to update, click the Change arrow, and click Change/Right/Warrant. Or double-click the security record.
You see the Change Right/Warrant panel.
Change the options on the Change Right/Warrant panel.
Click Submit.

Rights/Warrants Panel Options

The following are the options in the Rights/Warrants panel. Note options may vary according to your selections.

Option	Tag	Description
SRM Status Flag
Release Status	614	Displays the release status of the Security Reference Manager (SRM) record. This field is null when you are adding a new security.
Validation Process Flag	4569	Flags records that have been reviewed in the Security Reference Manager (SRM).
Authorize Flag	11742	Flags records that have been authorized.
Right/Warrant Identification
Issue Name	961	Specifies the name of the security.
Issue Description	962	Describes the security.
Ticker	13	Specifies the system of letters used to uniquely identify a security.
CUSIP/SEDOL Check Digit Control Flag	2292	Indicates whether you want to generate or validate CUSIP and SEDOL numbers. Options include: Generate Check Digit. Generates the remaining numbers if you enter part of the CUSIP or SEDOL number. Validate Check Digit. Validates the CUSIP and SEDOL number you enter is correct.
Primary Asset ID Type	1432	Specifies the primary asset identifier type for the security, such as CUSIP, ISIN, and SEDOL.
Primary Asset ID	14	Specifies the primary asset identifier for the security.
Alt Asset ID Type	5501	Specifies an alternate asset identifier type for the security.
Alt Asset ID	1795	Specifies the alternate asset identifier for the security.
Right/Warrant Xreference Identification
CUSIP	1952	Specifies the Committee of Uniform Security Identification Procedure (CUSIP), a unique identification number that identifies the security issue.
ISIN	1955	Specifies the International Security Identification (ISIN), a unique international identification number that identifies the security issue.
Sedol	1958	Specifies the Stock Exchange Daily Official List (SEDOL) number, a unique identification number that identifies the security issue.
Reuters	1961	Specifies the Reuters identification number that identifies the security issue.
Bloomberg ID	1964	Specifies the Bloomberg identification number that identifies the security issue.
SICOVM	1967	Specifies the SICOVM identification number that identifies the security issue.
Valoren	1970	Specifies the Valoren identification number that identifies the security issue.
CEDEL	1973	Specifies the Centrale de Livraison de Valuers Mobilieres (CEDEL) identification number that identifies the security issue.
INTERNAL	1976	Specifies the internal identification number that identifies the security issue.
CINS	1979	Specifies the CINS identification number that identifies a foreign security issue. The CINS numbering system is an extension of the CUSIP numbering system.
Xref Exchange	1981	Specifies the exchange where the security is traded.
Right/Warrant Details
Investment Type	11	Displays the type of investment you are adding. For example EQ (equity).
Processing Security Type	3931	Specifies the code that the system uses to identify the type of security you are adding. Options include: EQRTXX. Right. EQWRXX. Warrant.
Security Type	82	Specifies the security type.
Sub Security Type	1464	Specifies the sub security type.
Granularity Category	11476	Specifies the asset's classification for ledger granularity purposes. If the security attributes available for ledger granularity account breakouts (security type, long/short indicator, Federal tax indicator, market sector description, affiliated/unaffiliated, and issue country) do not provide enough detail, you can use a granularity category to classify the asset for ledger reporting. Code values are maintained under the GRANULARITY_CAT code category.
Cost Basis Rule Type	2817	Specifies the cost basis rule type for cost basis reporting.
Quantity Type	12	Specifies the quantity generally accepted as a standard for exchange, such as shares and par.
Price Multiplier	18	Determines what the system uses for a price.
Quantity Scale	19	Calculates the ratio of units bought to units used for earnings. The default is 1, so that 1 unit of par purchased equals one unit of earnings. You should not change this value once a position exists.
Country of Risk	2288	Specifies the issuer of the security's principal place of business.
Country of Risk Code	10536	Specifies the code of the issuer of the security's principal place of business.
Issue Country	2290	Specifies the name of the country that issued the security.
Issue Country Code	1418	Specifies the identification number that represents the country that issued the security.
Asset Currency	85	Specifies the currency in which the security is priced.
Settlement Currency	63	Specifies the currency in which the security is settled.
Income Currency	1186	Specifies the currency in which the security pays income.
Issue Tax Type	668	Identifies the security's tax structure. It is used with global tax withholding and tax reclaim processing. NOTE: Do not select All when setting up the tax structure for a security using this panel.
Primary Exchange	2291	Specifies the marketplace in which the security is traded.
Primary Exchange Code	17	Specifies the code of the marketplace in which the security is traded.
Region	5423	Specifies a region. It does not necessarily mean the location of the exchange in which a security is traded. For example, suppose you have a Canadian bond that trades in the London Stock Exchange. You may want to set the region to Canada or North America.
Expiration Date	38	Specifies the date on which the security matures.
Right/Warrant Type	1142	Specifies whether the security is European or American.
SIC Code	1789	Specifies the Standard Industry Classification (SIC), a code used to categorize and uniquely identify business activities.
Right Warrant Flags
Restricted Flag	1139	Indicates any trade restrictions on the security. Options include: 144A. An SEC rule modifying a two year holding period requirement on privately placed securities to permit qualified institutional buyers to trade the positions among themselves. Reg S. Various SEC rules relating to offers and sales made outside the U.S. without SEC Registration. Reg D. An SEC regulation governing private placement exemptions. This rule allows some companies to raise capital through the sale of equity or debt securities without having to register the securities with the SEC. Private Placement. The raising of capital using private rather than public placement. The result is the sale of securities to a relatively small number of investors. 4(2) Paper Other None Yes
144A Eligible Indicator	1301	Indicates whether the security is 144A eligible. Options include: Yes No This field applies to debt instruments and is used for reference only.
Look Thru Value	1808	Specifies the underlying security.
Look Thru Ind	1776	Used to view exposure to the underlying security, index, or portfolio.
SVO Category	5856	Specifies the Securities Valuation Office category for the security.
Inactive Flag	11043	Indicates whether the security is inactive. Options include: Yes. The system reports the security as inactive. No. The system reports the security as active. NOTE: If this field is set to Yes, no trades are allowed.
Convertible Information
Underlying Security ID	1348	Specifies the identifier of the security in which a convertible bond is converted.
Underlying Issue Name	1141	Specifies the name of the security in which a convertible bond is converted.
Underlying Ticker	1349	Specifies the ticker of the underlying security.
Underlying Type	916	Specifies the underlying security type.
Exercise Price	67	Specifies the contracted price at which the purchaser of the security can purchase an underlying security.
Conversion Ratio	215	Specifies the number of shares of the underlying security the owner of the parent security receives based on converting 1000 units of the parent security.
Issuer Information
Issue Name	2285	Specifies the name of the issuer.
Issuer ID	1413	Specifies the identifier of the company or municipality that offered the security for sale.
Country of Incorporation Code	1174	Specifies the ISO country code in which the issuer of the security was incorporated.
Issuer Industry	1417	Specifies the issuer industry.
Legal Entity Identifier (LEI)	5089	Displays the Legal Entity Identifier (LEI) that identifies the issuer as a financial party. If an LEI value is present, the Legal Entity Identifier Details section appears.
Legal Entity Identifier Details
Legal Name	5090	Displays the legal name of the issuer as the financial party registered with the LEI.
Entity Status	5091	Displays the status of the issuer. For example, ACTIVE and INACTIVE.
Legal Form	5092	Displays the legal form of the issuer as financial party registered with the LEI. For example, CORPORATION.
Assigned Date	5093	Displays the date when the issuer's LEI was assigned.
Last Update Date	5094	Displays the date when the issuer's LEI information was last updated.
Disabled Date	5095	Displays the date when the issuer's LEI information was disabled.
Record State	5096	Displays the record state for the issuer's LEI. The record state indicates the current process status of the CFTC Interim Compliant Identifier (CICI) record. For example, UNDER_REVIEW, DUPLICATE, CONFLICTING_SOURCES, INADEQUATE_SOURCES, VALIDATED, PENDING_REMOVAL.
Certification State	5097	Displays the certification state used to register the issuer's LEI. For example, CERTIFIED, NOT_CERTIFIED, STALE.
Street	5098	Displays the street address used to register the issuer's LEI.
City	5099	Displays the city used to register the issuer's LEI.
State	5100	Displays the state code used to register the issuer's LEI.
Zip	5180	Displays the ZIP code used to register the issuer's LEI.
Country Code	5181	Displays the country code used to register the issuer's LEI.

Manage Rights/Warrants in Issue Viewer

Add Rights/Warrants

Change Rights/Warrants

Rights/Warrants Panel Options

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