2.4 Desk Details Maintenance

Different types of desks are available for processing the deals at different priorities. You can maintain the details related to desks in Desk Code Maintenance screen.

To capture details of desk maintenace

Specify the User ID and Password, and login to Homepage.

  1. On the homepage, type LBDDKMNT and click next arrow.
    The Desk Maintenance screen is displayed.

    Note:

    The fields which are marked in asterisk red are mandatory fields.
  2. You can enter below details in Desk Maintenance screen. For information on fields, refer to the field description table.

    Table 2-2 Desk Maintenance

    Field Description
    Desk Code Specify a unique identification code for the desk and provide a suitable description for the desk code in the adjacent column.
    Desk Type Select the type of the desk from the drop-down list. The following values are provided for selection:
    • Par – Handles normal trading that happens in the secondary market.
    • TRS/Swap – Cash flows are exchanged between the parties involved, for a set period of time.
    • Distress – The trades that move to defaulted status are handled by this desk.
    • Originations – A internal investment trade desk.
    • ORIGINATION-HFS – Internal trade desk for holding Held for Sale position.
    To process transfer of portfolio from HFI to HFS, you need to maintain a desk of the type ORIGINATION-HFS.