8.3.2.5 Mode of Rollover of a Contract

You can select the rollover mode either Auto or Manual. For both current and backdated contracts, the rollover (ROLL) event occurs when you save and authorize the instruction specified on the Version Rollover screen (OLDRLOVR). However, if the rollover value date coincides with the current maturity date, this parameter controls the initiation of the ROLL event.

• If you select the rollover mode as Auto, a new version of the rollover will be created at the beginning of the day (BOD).
• If you select rollover mode as Manual, you must query the transaction, initiate the rollover process, and then give manual authorization.