Open Interest Report

Owned by Former user (Deleted)
Oct 27, 2016
2 min read

The Open Interest report allows you to reconcile income receivable/payables against ledgers within the daily workflow. This report displays position level open interest income in several report views, such as interest receivable, interest tax payable, interest tax reclaim receivable, and deferred interest information.

Grid and advanced report views available for this report include:

  • Interest Receivable. This view displays any prior coupon/cash dividend drops open as of the report end date, as well as any current interest accruals that will be receivable in future once the coupon is cut. Also reports any open miscellaneous income/expense activity.
  • Interest Tax Payable. This view displays tax payable pertaining to prior open coupon/cash dividend receivables as wells as that pertaining to current interest accruals that will be payable in future once the coupon is cut.
  • Interest Tax Reclaim Receivable. This view displays any prior reclaim associated with coupon/cash dividends that are open as of the report end date, as well as any accrued reclaim receivable associated with interest accruals that will be receivable in the future.
  • Deferred Interest. Reports any current coupon period related interest accrual that is deferred.
  • EX Interest Receivable. This view displays any accrued interest already settled as part of the transaction's proceeds as a result of the security being traded ex of coupon entitlement.

To create the Open Interest report:

  1. From the Accounting Center window, click Reporting in the left navigation.
  2. Double click Investment Accounting, Income, and Open Interest.
    You see the Open Interest panel.
  3. Complete the fields on the Open Interest panel.
  4. Click Submit and then click Advanced Report or Classic Grid Report.
    The report results appear on your desktop for the view selected.

Open Interest Panel Options

A definition of the options on the Open Interest panel follows.

Search Criteria

  • Entity ID. Specifies a portfolio, sector portfolio, composite portfolio, or Master Fund by the entity ID of the entity.
  • Entity Name. Specifies a portfolio, sector portfolio, composite portfolio, or Master Fund by name of the entity.
  • Accounting Basis. Specifies the entity accounting basis. For example, USTAX, GAAP, or IFRS.
  • Report Type. Specifies the type of date for controlling your report results. Options include:
    –  Accounting Date (Default)
    –  Month End Date
  • Report End Date. Specifies the ending as of date for your report results. The default is today's date.

Selection Criteria

  • Report Filters. Allows you to show/hide additional report and security filters. The default is No.
  • Advanced Report Options. Allows you to show/hide advanced report, group, sort, and format options. The default is No.
  • Filter Security By. Allows you to show/hide additional report filters.
    Options include:
    –  Security Cross Reference (Default). If you select this option the panel unhides the Xref Type and Xref Security ID fields for data entry.
    –  Issue Name. If you select this option, the panel unhides the Issue Name field for data entry.
    –  Primary Asset ID. If you select this option, the panel unhides the Primary Asset ID field for data entry.
  • Other Filters. You can filter results using other filters.
    Options include:
    –  Asset Currency
    –  Long Short
    –  Investment Type
    –  Security Type
    –  Processing Security Type
    –  Issue Country
    –  Federal Taxable Indicator
    –  Government/Non-Government Indicator