5.8.2 Contract with Product Combination

If the product code input by you is that for a product combination, the input screen defined for the first leg will be displayed. After you finish your inputs for the first leg, choose ‘Linked Deal Details’ button to input the details of the next leg of the contract. All the validations that are applicable for the first leg of the contract will be performed before the input screen for the next leg is displayed.

The product code of the product combination will be displayed. You cannot change it. Likewise, if the product combination is for a swap deal, the fields whose values you have defined as Defaults will be displayed. You cannot change them.

In second leg of a combination deal, Bought/Sold Currency and the deal type are always. Opposite to the first leg of combination deal. For example, if the primary leg is 'Buy' then the secondary leg is defaulted as 'Sell'. If the primary leg is 'Sell' then the secondary leg is defaulted as 'Buy'.

If the deal type of the second leg is changed, then the system displays an error message “Deal type Buy/Sell cannot be modified in second leg”.

In a combination deal, Bought & Sold value date in the second leg should be greater than the primary leg. You cannot modify or amend the combination deal, both primary and secondary leg.

In a combination deal, second leg is liquidated after first leg liquidation.The system displays an error message as: “Primary Leg has to be fully liquidated before liquidating Second Leg” if you try to liquidate second leg without fully liquidating first leg.

In a combination deal, Primary leg status should be Canceled before canceling second leg.The system displays an error message as Primary leg status should be canceled before canceling second leg, if you try to cancel second leg completely without canceling first leg.

After you have given inputs to all the fields necessary, save all the legs of the contract using one of the following methods:

• Click on save icon in the Tool bar; or
• Select ‘Save’ icon.