Edit and Release a Pending Trade

In the Edit and Release Pending Trade panel, you can update and release individual pending transactions.

To edit and release a pending trade:

1. In Accounting Center, in the left navigation pane, click Transactions > Trades > Pending Trades > Edit and Release Pending Trade.
   You see the Edit and Release Pending Trade panel.

2. Complete the options in the Edit and Release Pending Trade panel to identify the transactions you want to update and release.
   You must specify a value for the Release IDLOT Transactions field.

3. Click Submit.
   You see information for all transactions that met your criteria in the Show All tab. If you set the Release IDLOT Transactions field to Yes, you see information only for IDLOT transactions that met your criteria, and you can select a single Identified Lot transaction at a time for update and release. That is, you can only release one IDLOT transaction at a time, and you cannot release multiple IDLOT transactions at the same time. If you set Release IDLOT Transactions field to No, you see information for all transactions that met your criteria, and you can select multiple transactions at a time for update and release.

4. Select the row for each transaction you want to update and release and click Update and Release Selected Transactions.
   You see the Update and Release Selected Transactions tab, which displays a row for each transaction you selected.

5. Under Trade Detail Information, you can modify several trade detail fields, including Implied Commission, Commission, SEC Fee, Tax Amount, Stamp Duty Tax, and Other Fee.
   You can also update the Book Cost Local, Book Cost Base, Option Premium Local, and Option Premium Base field values.

6. Under Other Information, you can enter a comment in the Settle Instructions 3 field or the Pending Trade Transaction Notes field.
   The Pending Trade Transaction Notes field (tag 1899) appears in place of the Settle Instructions 3 field if the trade was manually canceled.

7. In the Performance Effective Date field, for an equity/mutual fund transaction, you can modify the effective date used for performance measurement purposes.

8. Complete the options in the Update and Release Selected Transactions tab for each transaction you are updating.
   The remaining fields describing the transaction are locked, and are for information only.

9. Click Submit.
   The system releases the selected transactions.