Rollover of a Forward Securities Transaction

Use

It is possible to roll over forward securities transactions if you specify this beforehand in the contractual agreement.

Note Note

It is also possible to roll over only part of the transaction.

End of the note.

Activities

  1. Choose Start of the navigation path Derivatives Next navigation step Trading/Back Office Processing Next navigation step Edit Financial Transaction. End of the navigation path

  2. Enter the transaction.

  3. Choose Roll Over .

    • The existing end of term defined for the transaction is now set to Rollover Date . Enter the new end of term.

    • Enter the position date.

    • Update the forward price.

  4. Save your entries.

    The system creates the new Rollover activity category. The previous activity is changed from 0 active to 2 replaced .

    All the flows are copied to the new activity.

    A new flow (1050/1051) is created and the old main flow is set to 0 in the unit-of-production method of depreciation.

    Dividend Plan

    Dividends that are scheduled within the rollover period are assigned the status Active .

  5. The rollover still needs to be settled.