5.1.11 Authorization

For the cash-margin pre-netting 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 5-10 Cash-Margin Netting Initiation 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 pre-netting transaction are configured for the margin product.

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

Table 5-8 Cash-Margin Netting Initiation – Authorization

Field	Description
Scheme Id	Enter the Settlement Scheme for which the pre-netting transaction is initiated.
Broker Id	Enter the Party for whom the pre-netting transaction is initiated.
Agreement	Enter the Agreement or Portfolio for which the pre-netting transaction is initiated.
Margin Code	Enter the Margin code selected for the margin pre-netting transaction. When pre-netting is initiated for multiple margin codes together, any one of the margin codes should be entered
Transfer Action	Enter the pre-netting transaction is initiated to pay or receive from the party. When pre-netting is initiated for multiple margin codes or cashflow components together, user should enter the transfer action for the margin code or component entered as re-key
Settlement Currency	Enter the currency of the Scheme selected for the transaction.
Settlement Amount	Enter the transfer amount for the pre-netting transaction. When pre-netting is initiated for multiple margin codes or cashflow components together, user should enter the settlement amount for the margin code or component entered as re-key
Settlement Date	Enter the process date on which the pre-netting transaction is initiated.