Change

Choose Change.

Make your changes and save your entries.

The Tab Pages take you to the general Transaction Management views.

Display

Choose Display.

Choose (Display Partner) to display the master data for the business partner.

Settle

Choose Settle. The Contract Settlement screen appears.

Choose the area for which you want to enter or change settlement data.

Save your entries.

Use the Settle Financial Transactions function to indicate a transaction that was processed in the back-office area. When you save your entries, the system changes the activity category of the transaction.

Use the Settlement Check function to check and add, if required, data for the financial transaction. When you save a transaction, you fix it and mark the transaction flows for posting.

You can clear the account after settlement.

See also: Settlement

Reverse

See Reversal.

Give Notice

Choose Give Notice.

Make your changes and save your entries.

When you give notice on a financial transaction, the transaction remains active and changes to the Termination activity category. When you value this transaction again, any unrealized gains and losses that have already been posted are disregarded.

By giving notice, you are settling the OTC Option.

Outstanding (fixed or variable) interest payments of Swaps and Cap/Floors are carried out up to the notice date.

Interest rate adjustment dates that fall before the notice date but after the contract conclusion date do not change. The final payment due upon maturity is not made. You have to return the nominal amounts manually.

You can only give notice on FRAs before the interest rate adjustment date. In this case, giving notice terminates the contract within the lead period (unscheduled termination), and results in a settlement payment.

You can enter a settlement payment on the Other Flows tab page when you give notice.

Roll Over

Choose Roll Over.

If the rollover is linked to a change in the amount invested or borrowed, enter the Amount and the Flow Type. This indicates whether an increased or decreased amount is involved.

You use the For Rollover field to specify the type of interest flows that are due on the rollover date. The interest can be paid, capitalized, or deferred on the rollover date.

You can also roll over a financial transaction with changed conditions and use the same transaction number.

You can display the current business transaction along with its history and detailed information.

With the memo book function, you can enter additional information for each activity.

By choosing  Extras Amount Overview , you view a list of all transaction-related capital and interest flows sorted according to amounts that are due prior to/on the respective key date.

When you roll over the transaction, you add a new activity to the transaction. The activity is processed in accordance with the determined transaction and position management process.

You can change the end of term in the fast processing function.

You can change the end of term of a financial transaction until repayment. You have to make sure, however, that interest flows that have already been released, posted, or manually changed are not affected by shortening the term.

You can make no further changes to the lent number of units or the nominal amount.

History

Choose History. The system lists the activities that are active, reversed, or have been replaced by a follow-up activity. Information on the transaction status and processor is also displayed.

The history function lists all previous activities for the selected transaction.

Expiration

Choose Expiration.

A security option is deleted if it has no value. You use this function to settle the expiration at a later stage in the back-office area.

Exercise

Choose Exercise. When you save the option, it is stored under the relevant activity category.

You can only exercise an OTC option when it has reached the knock-in or knock-out activity.

In the case of a knock-in option, the transaction must first run through the knock-in process.

In the case of cash settlement, the system uses the clearing amount when the option is exercised. This is based on the difference between the strike and market price.

When the option is exercised physically, the system generates the spot transaction from the underlying transaction (option).

To transfer unrealized gains and losses that have already been posted, you have to restart the Determining Realized Gains/Losses report program.

Choose Execute.

Choose Execute.

Choose Save.

The function for executing a financial transaction changes a security transaction from the order activity into the contract activity.

You can add to and change the order data to reflect the actual transaction data.

If you assigned processing category 00001 to the transaction type, you can no longer change the data once you have saved the transaction. The transaction is assigned the status Flagged for posting.

Knock-In

Choose Knock-In.

Enter the Company Code and the Barrier Transaction Number.

Save your entries.The transaction has the activity category Knock-In.

If a barrier option has reached the agreed limit, you have to indicate it as knocked-in (see Barrier Option).

Using the knock-in activity, you can activate the option for exercise or expiration.

Depending on the processing category, settlement can be a prerequisite for knock-in.

You can check the instrikes and outstrikes of currency barrier options using the Expiration/Barrier Check function (see Collective Processing: Financial Transaction). After comparing the transaction data with the relevant prices, the system proposes a transaction (knock-in, knock-out or expiration) for further processing.

Knock-Out

Choose Knock-Out.

Enter the Company Code and the Barrier Transaction Number.

Save your entries.The transaction has the activity category Knock-Out.

If a barrier option has reached the agreed limit, you have to indicate it as knocked-out. Using the knock-out activity, the option is activated for expiration.

Premature Settlement

When you use the Premature Settlement function, the system generates two single transactions that are linked by a reference (swap unit): One transaction offsets the forward exchange transaction initially entered (possibly with identical, opposite conditions to avoid rate gains/losses). You can adjust the term with the other transaction, using existing amount data as default values. The new transactions are linked to the original transaction.

You can break down a forward exchange transaction into subsequent transactions using premature settlement and/or rollover. As a result, you can prematurely settle one part of the transaction and roll over the other part of the amount using two subsequent transactions with different value dates. Using the liquidity effect, you can generate revenues and expenses for rollovers on the basis of the old rate and include them as a markup in the rollover transaction. The swap components are also grouped into pairs here by means of a reference.