Creating a Subscription Right 
Prerequisites
You must have already created the underlying for the subscription right as a class.
Procedure
Basic data entries for a subscription right
Enter the class characteristics in the Structure area.
- Issuer
- Issue currency
In the Subscription periods area, enter the following data for each subscription period:
- ID number of the underlying:
- Subscription ratio numerator/denominator
(= the subscription ratio at which you can purchase the new stocks using the subscription rights).
- Subscription price
- Subscription price currency
- Subscription period from and subscription period to
(= the subscription period from is the date from which the subscription rights are effective, in other words, the day they are posted to the securities account for further processing).
- Subscription period
Exchanges
For more information, see
ExchangesAdditional Functions
You can branch to the Issuer data for the relevant business partner. To do this, choose Environment ® Display issuer.
By choosing Environment ® Change documents, you can display the change documents for the class data.
By choosing Subscription rights ®
Change status, you can set the subscription right to Obsolete, Inactive, or Active again. The status of a class is displayed at the top right-hand side of the basic data screen.
Using the
References pushbutton, you can display the references between the security and other classes.
Save your entries before you leave the class data.
Result
You have created the subscription right as a class in the system. It also appears in the Exercise security right function in the rights category Subscription rights. For information on integrating subscription rights, see:
Subscription Rights