Roll over a Contract Manually

7.3 Roll over a Contract Manually

This topic describes how to roll over a contract manually.

You can Rollover a deal manually through Money market Online screen. If you click Rollover, system displays the Rollover page and Rollover Preference can be given at the time of Rollover. If a deal has to be rolled over, the below conditions are to be met:

The latest activity on the deal has to be authorized.
It should be past or on its Maturity date; and
It should not have been liquidated

Two activities take place when a deal is rolled over:

The original deal is liquidated and
A new deal is initiated

The External Reference Number of the renewed (or rolled over) deal is same as that of the old deal. However if the rollover operation is from an external system via gateway a different external reference number can be passed in the request which will get picked in the renewed contract. The settlement amount and the child reference number is displayed when the rollover of the parent deal is triggered This section contains the following topics:

This topic contains the following sub-topics:

Parent topic: Roll Over a Deal