Securities Account 

Definition

You use securities accounts to manage and value your positions. You need securities accounts for all transactions which require position management. The securities accounts created in the system usually correspond to actual securities accounts at a bank.

Use

You must have a securities account if you want to purchase a security.

You can perform the following functions on the basis of securities accounts:

To transfer (all or part of) a position from one securities account to another.

You can call up the securities account cash flow in the trading and back office areas to display the planned or executed flows for a particular security in a securities account.

You use securities accounts to value your securities. When you create master data for a securities account, you can also assign the securities account to a portfolio as a superior position management unit, provided that you have made the relevant settings in Customizing for your portfolios. You then perform valuation at portfolio level. You also have the option of performing valuation for securities account groups.

Securities accounts can also be used as the basis for evaluating your positions and displaying the Securities Account Statement. All reports for the Securities area are included in the menu for the Information System.