Settlement of Opening Deals

This process will update the Cost of the portfolio based on the new holdings. The events that can be triggered in Oracle Banking Treasury Management for settling open deals are:

Table 9-2 Event Code - Description

Event Code	Description
EOLG	Opening of Long Position
EOSH	Opening of Short Position

Table 9-3 Example

Field	Value
Opening Position for the day	10 Contracts Long
Last Market Price	230 USD for 10 contracts.
Deals for the Day	2 Contracts Long at 25 USD/Contract

The result of the Settlement Process will be 12 Contracts at 280 USD, where the average cost of holding will be (280/12 USD) 23.33 USD.