6.3.2 Long Short Deal Financial Amendment

During amendment, if any field other than the Time Stamp and Remarks fields of a deal is modified, then the system will treat the amendment as a financial amendment. The system will reverse the previous deal and book a new deal with modified details. The external reference number of the original deal is retained and the two deals are linked by the external reference number.

Oracle Banking Treasury Management provides the facility to amend the financial details of an LS deal through external upload. If an amendment is uploaded without settlement details but there is no change in the product ID, instrument ID and the portfolio, system will default the settlement details of the original deal.

Financial amendments of LS deals are uploaded by the service FCUBSETD Service with the operation ETDLSDealModify.

Note:

System allows financial amendments of LS deals only through Gateway uploads and not through the front-end.