8.9 Process Broker Scheme Definition

This topic describes the systematic instruction to process the Broker Scheme Definition.

You can associate a broker with an existing broker margin scheme through the Broker Scheme Linkage screen.

  1. On the Home page, type BRDUATST in the text box, and then click next arrow.
    The Broker Scheme Definition screen is displayed.

    Figure 8-6 Broker Scheme Definition

    Description of Figure 8-6 follows
    Description of "Figure 8-6 Broker Scheme Definition"
  2. On the Broker Scheme Definition screen, click New.
  3. On the Broker Scheme Definition screen, specify the field details and then click Enter Query.

    Table 8-6 Broker Scheme Definition - Field Description

    Field Description

    Branch

    Specify the branch code of the branch in which you are maintaining the Broker Scheme details record.

    Broker

    Specify the Broker ID of the broker, for whom you are maintaining the Broker Account, Currency, and Margin Scheme combination.

    Broker Account

    Specify the broker account to be used for settling margin transactions.

    Currency

    Specify the currency of the scheme, which is to be linked to the Broker ID.

    Scheme ID

    Specify a valid broker Scheme ID. The options list available for the Scheme ID will be populated depending on your specifications in the Currency field. For instance, if you select USD as the currency, the system displays the broker schemes with USD as the scheme currency.