Customer Portfolio

Table 1-2 Customer Portfolio Functions

Function	Description
Opening long and short positions:	You can define the premium exchange involved in Option Style options and book the premium amount. You have the facility to define and book the charges involved in the deal.
Closing long and short positions	You can calculate the closing gains and losses and book appropriate entries for the same.
Revaluation	Based on the closing price of the instrument and the series you can perform realized revaluation on futures and future style options daily as part of the end of day activities.
Exercise of Options	You can book the premium for future style options. You can calculate the difference between the Strike Price and the Underlying Asset Price, and book the appropriate accounting entries for the same.
Assignment of Options	You can book the premium for future style options. You can book the difference between the Price of the Underlying Asset, the Strike Price of the instrument, and pass entries for the same.
Exchange of futures for physicals	You can book the difference between the price of the underlying asset, the acquisition price, and book entries for the same.
Expiry of Options	As on the expiry date, if the series is Out of the Money, the system will process an automatic expiry for the series. Similarly, if the series is In the Money automatic exercise/assignment of options event will be processed.
Expiry of Futures	In the case of futures with future style options the system automatically books the deal premium amount.