8.4 Rollover Netting Payment Messaging Process

The Rollover netting payment message will be generated online/batch based on the settlement days and can be changed as part of the rollover instruction amendment before the payment message is handed off. Once the message is generated, the system does not allow you to make any changes to the netted cash flow by means of any activities such as rate revision, margin revision, and so on.

The payment message is routed through the forward processing, if the component liquidation is Semi-Auto.

For the normal and split rollovers, the netted entries are passed for the parent contract and will be passed for the SSI details of the driver contract in RNET event for the consolidated rollover.

All the other non- netted cash flows follow the existing process flows.