Open Future Panel Options

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.

Net Futures Position

632

Indicates whether the position is processed in one net position. Options include:

• Yes. The system nets the long and short positions into a single long position. You can open and close a long position. If you want to trade a short position, you must use the close long option to go technically short.
• No. The system creates two separate long and short positions. You can open and close a long or short position.

NOTE: If the Primary Exchange field (tag 17) has a value of LME, the system displays a value of No for this field in place of the entity level option you specified for this field, and processes the trade as if Net Futures Position field (tag 632) is set to No. It does not net positions, but creates two separate long and short positions for the LME future contract.

Future Expense/Capitalize Flag

10705

Determines how the commissions and fees are treated. Options include:

• Capital. Commissions and fees do not generate any cash movement and are rolled into cost for subsequent gain/loss calculations. Cost = (contracts * price) + commission + fees.
• Expense. Commissions and fees are expensed, generating a cash disbursement. They are excluded from cost for subsequent gain/loss calculations. Cost = contracts * price.

Issue Information

Trade Date

35

Specifies the effective date of the trade. The trade date cannot be greater than the post date, accounting date, or settlement date.

Accounting Date

36

Specifies the date the trade is reported and has an effect on the entity's holdings and cash balances. The accounting date must be greater than the trade date.

Monthly Accounting Date

4733

Specifies the month end accounting date.

Settlement Date

37

Specifies the date the trade is settled.

Event Type

55

Specifies the business intent of the transaction.

Long/Short Indicator

15

Displays an L (long) or S (short) to indicate whether the position is long or short.

Cross Reference Type

1234

Displays the cross reference type associated with the security.

Issue Name

961

Specifies the name of the security.

Ticker

13

Displays the trade ticker of the security.

Cross Reference ID

1233

Specifies the cross reference identifier associated with the security.

Instrument Type

11

Displays the instrument type.

Security Type

82

Displays the security type of the asset.

Primary Exchange

17

Displays the code of the marketplace in which the security is traded. For London Metal Exchange (LME) futures, this field must display a value of LME.

Issue Currency

85

Specifies the local currency of the security.

Expiration Date

38

Specifies the date on which the security matures.

Contract Size

19

Specifies the amount of the underlying item covered by the contract.

Variation Margin

4533

Identifies whether the security calculates variation margin.

Prompt Date

2302

Specifies the prompt date, or cash settlement date, for a London Metal Exchange (LME) future contract.

Last Trade Date

5076

Displays the last date that the security is eligible for trading. This field appears only if the Primary Exchange field (tag 17) has a value of LME, indicating you are booking a trade for a London Metal Exchange future contract.

Accounting Information

Contracts

40

Specifies the current quantity of the trade. The value must be greater than zero.

Price Per Contract

45

Specifies the trade price per share. The value must be greater than zero.

Tax Amount

46

Specifies the tax amount on the transaction.

Commission

47

Specifies the amount of the commission per trade in the local currency.

SEC Fee

48

Specifies the SEC fee. The system calculates the SEC fee if certain criteria is met.

Stamp Duty Tax

51

Specifies the stamp duty amount on the transaction.

Other Fee

3752

Specifies any additional fees on the transaction.

Local Net Amount

50

Displays the net amount of the trade based on the following formula: Principle + Fees.

Local to Base FX Rate

87

Displays the asset currency to portfolio base currency exchange rate. It is expressed as units of asset currency to one unit of portfolio base currency.

Base Net Amount

478

Displays the base amount of the trade. This amount is calculated based on the following formula: Local Net Amount / Local to Base FX Rate. The value must be greater than zero.

Settlement Information

Auto Settle Trade Indicator

58

Indicates whether the system settles the trade, coupon, and miscellaneous income and expenses automatically. Options include:

• Yes. The system automatically settles the trade, coupon, and miscellaneous income and expenses. The system retrieves the settle date FX rate if the local currency does not equal base and generates a trade to settle date gain/loss.
• No. Default. The system does not automatically settle the trade, coupon, and miscellaneous income and expenses. You must schedule the settlement for these transactions using the Run Contract Cash global panel. Or, manually settle the transactions using the Run Multiple Settlements panel.

NOTE: If the entity's Auto Settle Indicator field is set to Yes, as specified on the Create/Edit Entity or Create Master Fund panels, the system will create a settlement when the trade is processed. There will be no trade to settle date gain/loss. This applies even if the settlement date is in the future. Eagle recommends that you set the Auto Settle Indicator field to No for the entity and trade panels.

Broker Name

1235

Specifies the name of the primary broker.

Broker Code

88

Specifies the code that represents the broker.

Clearing Broker

1236

Specifies the name of the clearing broker if different from the trade broker.

Clearing Broker Code

1237

Specifies the code for the clearing broker.

Custodian Bank

1146

Specifies the name of the custodian bank responsible for the trade.
NOTE: You must establish a relationship between the custodian bank and your entity prior to booking the trade.

Custodian Bank Code

1240

Displays the code of the custodian bank.

Custody Bank Account Number

1660

Displays the custodian bank primary account number.

Custody Bank Subaccount

1661

Displays the custodian bank subaccount number.

Settle Instructions 1

1897

Allows you to add settlement notes.

Settle Instructions 2

1898

Allows you to add settlement notes.

Settle Instructions 3

1899

Allows you to add settlement notes.

Settle Instructions 4

1900

Allows you to add settlement notes.

Settle Location

43

Specifies the location in which the trade is settled.

Other Information

Derivative Elections

56

Specifies the type of derivative. Options include:

• Hedging
• Other

Original Trade Ticket Number

761

Contains the trade ticket identification number. The system uses it during processing. For example, IDLOT close or cancel events use this number to locate an open lot.

Holding Term

9091

Specifies the holding term for the trade based on the number of days between the original acquisition date (tag 216) and the maturity date (tag 35) on the lot. If you use ledger reporting based on ledger granularity rules to break out accounts by holding term, the system uses this value to identify the holding term for trades related to bonds and preferred stocks. Eagle Accounting's core transaction processing calculates the holding term for you, but you can manually override the value displayed in this field. Eagle Insurance clients that use ledger granularity rules have the system calculate the holding term based on the schedule associated with a lot. Options include:

• Short Term. Identifies a short term holding. If the Holding Term Method field (tag 11479) in the trade's accounting basis has a value of 90 days, a short term holding term is 91 days to a year. If the Holding Term Method field has a value of 3 months, a short term holding term is 3 full months to a year.
• Cash Equivalent. Identifies a cash equivalent holding. If the Holding Term Method field (tag 11479) in the trade's accounting basis has a value of 90 days, a cash equivalent holding term is 90 days or less. If the Holding Term Method field has a value of 3 months, a cash equivalent holding term is 3 full months or less.

Regulatory Intent

8915

If you now hold the trade in an entity/accounting basis with the new International Financial Reporting Standards (IFRS) regulatory category of Fair Value Profit Loss (FVPL) but previously held the trade in an entity/accounting basis with the old regulatory category of Fair Value Option (FVO) or Held for Trading (HFT), you can identify the old regulatory category specified for the trade at the entity/accounting basis level. You can specify a value for reporting purposes only. Options include:

• Fair Value Option. Indicates the trade was previously held in a regulatory category of Fair Value Option, used for instruments managed on a fair value basis.
• Held for Trading. Indicates the trade was previously held in a regulatory category of Held for Trading, used for instruments held with the intent of selling them.

Pending Trade Flag

3695

Specifies whether the trade is eligible for pending trade processing prior to processing by the STAR accounting engine. If you use pending trade processing, the system can assign this value to incoming transactions that meet flagged position rule criteria. Or an incoming transaction can include this value. This field is hidden. Options include Y and N.

Pending Trade Status

3720

Specifies the trade's transaction status for pending trade processing prior to processing by the STAR accounting engine. If you use pending trade processing, the system can assign a value of Pending to incoming transactions that meet flagged position rule criteria. Or an incoming transaction can include a value of Pending or a custom pending transaction status value defined in the PEND_TRD_STATUS code category. The default status is Pending if no status is provided. This field is hidden.