28.1 Beginning of Day Processing

This topic describes the processing of beginning of day.

Before you start entering deals in the system, you must perform the Beginning of Day operations. The Beginning of Day operations that you must perform include daily processing of events for:

• Settlements (Money as well as Security settlements)
• Bonds
  • Coupon payment
  • Redemption (both series and quantity)
  • Maturities
  • Calls
  • End of Trading
• Equities
  • Dividend payment (both cash and stock)
  • Bonus
  • Rights (Tear-Off, Expiry)
  • Warrants (Detachment, Expiry)