Book Open Trades for Credit Default Swaps
To manually book an open trade for a credit default swap:
- From any Eagle window, click the Eagle Navigator button to access the Eagle Navigator.
- Enter Book Trade in the Start Search text box.
- Click the Book Trade (Accounting Center) link to access the Book Trade tool.
You see the Query window as the default. - Complete the options in the Query window and click Start Search.
- Select the row with the security you want to trade.
- Click Open and click Open Swap Contract.
You see the Open Credit Default Swap panel. - Complete the fields on the Open Credit Default Swap panel.
- Click Submit.
Once the trade is booked, it follows all core accounting processes.