In the Add Voluntary Corporate Action panel, you can identify the entities that elect to participate in a voluntary corporate action and provide details about their participation
Before you set up entity election details for a voluntary corporate action, you must add the corporate action announcement, setting the Mandatory/Voluntary Indicator field in the announcement panel to Voluntary. You can add voluntary corporate action elections only for announcements that have a Released corporate action status.
To add a voluntary corporate action election:
- From the Reference Desk workspace, click Corporate Actions in the left navigation and then click Voluntary Elections>Add Voluntary Corporate Action Election.
You see the Add Voluntary Corporate Action Announcement panel. - In the Query Flag field, select an option from the drop-down list. Valid Options include:
– Effective Date
– Ex Date
– Pay Date
– Sweep Date - Enter a Voluntary Begin Date.
- Enter a Voluntary End Date.
- Optionally, enter any of the additional Fields as described in the Add Voluntary Election options section below.
- Click Submit.
Add Voluntary Corporate Actions Options
The following table describes the options on the Add Voluntary Corporate Action Announcement panel.
| Field | Tag | Description |
|---|---|---|
| Client Specific CA ID | 1695 | Specifies the client specific identifier for the corporate action. |
| Source Name | 1102 | Specifies the source name for the corporate action. The default value is Eagle PACE. |
| Asset ID Type | 1432 | Specifies the primary asset identifier type for the security, such as CUSIP, ISIN, and SEDOL. |
| Issue Name | 961 | Specifies the name of the security. This field appears if you select a query option for one security. |
| To Asset ID Type | 1103 | Specifies the primary asset identifier type for the To security, such as CUSIP, ISIN, and SEDOL. For a conversion, this is the underlying security to which the convertible bond converts. |
| To Asset ID | 1348 | Specifies the asset ID of the To security. |
| To Issue Name | 1141 | Specifies the name of the To security. |
| Voluntary Corporate Action Status | 54 | Indicates if the corporate action is correct and ready for processing. Options include:
|
| Corporate Action Type | 1728 | Identifies the business name of the corporate action. |
| Corporate Action Event Type | 1257 |
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