5.2.13 Authorization

For the cash-margin net settlement transactions initiated or modified, another user (checker) different from the user who initiated (maker) should verify the details, as a cross-checking mechanism, and click Authorize button at the top of the screen.

• Auto authorization can be enabled for this function

Figure 5-19 Margin Settlement Authorization

Checker should enter the correct values for the Rekey fields to ensure that the user is authorizing the intended transaction. Re-key fields applicable for the Cash-Margin net settlement transaction are configured for the margin product.

The following table describes the fields available as Re-key fields for Cash-Margin net settlement transaction. For those fields that are not configured for re-key in the margin product, the respective value selected for the fields are displayed.

Table 5-14 Margin Settlement – Authorization

Field	Description
Scheme Id	Enter the Settlement Scheme for which the net settlement transaction is initiated.
Party Id	Enter the Party for whom the net settlement transaction is initiated.
Agreement	Enter the Agreement or Portfolio for which the net settlement transaction is initiated.
Margin Code / Component	Enter the Margin code or cashflow component selected for the net settlement transaction. When net settlement is initiated for multiple margin codes or components together, any one of the margin codes or components should be entered
Margin Account	Enter the margin account selected for the linked margin transaction. When net settlement is initiated for multiple margin accounts together, user should enter the margin account linked to the margin code entered as re-key
Settlement Currency	Enter the currency of the Scheme selected for the transaction.
Settlement Amount	Enter the net amount settled for the transaction.
Settlement Date	Enter the value date on which the net settlement transaction is settled.