Settlement of Closing Deals
As part of the settlement of Closing deals for your bank own portfolios, the closure gain or loss will be computed and accounted for depending on the portfolio Costing Method.
While processing the settlement of closing deals for customer portfolios, the system does not process any accounting for profit and loss. However, the deal premium will be passed from the Broker/Customer to the Customer/Broker.
Table 9-10 Event Code - Description
| Event Code | Description |
|---|---|
|
ECLG |
Closure of Long position |
|
ERVS |
Closure of Short Position |
Parent topic: Automatic Events Executed during End of Day for Options