Participation Certificates

Use

Since the composition of participation certificates can vary considerably, they do not have a specific product category.

You define a product type that suits the type of participation certificate you want to represent.

You can choose from the following specific product category structures:

Product category

Name

Unit-quoted

Percentage-quoted

Conditions

Reference

010

Stock

X

 

X

X

020

Investment certificate

X

 

X

 

030

Subscription right

X

   

X

040

Bond

X

X

X

X

060

Warrant bond

X

X

X

X

070

Convertible bond

X

X

X

X

111

Index warrant

X

     

112

Equity warrant

X

   

X

113

Currency warrant

X

     

114

Bond warrant

X

   

X

160

Shareholding

X

X

X

X

Notation: X = Function is supported

It is conceivable that you define two different product types for participation certificates. You may define one with product category 010 (stock), and another with product category 040 (bond).

Procedure

1. Create one or more product types for the participation certificates in Customizing for the securities area .

2. Create a class.

See also:

  • Class

  • Editing a Class

  • For more information on defining product types, see the Implementation Guide (IMG) for the securities area in the activity Define Product Types.