3.15 Display MM Affirmation Input

This topic provides the instructions to capture the MM Affirmation Input details.

You can affirm or un-affirm, waive or un-waive a deal from MM Affirmation Input screen.

  1. On the Home page, type MMDAFFRM in the text box, and click the next arrow

    MM Affirm Contract Input screen is displayed.

    Figure 3-23 MM Affirm Contract Input

    Description of Figure 3-23 follows
    Description of "Figure 3-23 MM Affirm Contract Input"
  2. On the MM Affirm Contract Input screen, click New.
  3. On the MM Affirm Contract Input - New screen, Specify the details as required.
  4. Click Save to save the details or Exit to close the screen.

    Maintain only one MM contract record in MM Affirmation Input screen. The system displays the following fields in this screen:

    • Contract Reference Number
    • Currency
    • Principal Amount
    • Booking Date
    • Value Date
    • Maturity Date
    • Counterparty
    • User Reference
    • Broker
    • Unconfirmed Since

    Table 3-15 MM Affirm Contract Input - Field description

    Field Description

    Affirmation Status

    Select the affirmation status of the MM deal. The options available are as follows:

    • Unaffirmed - If the status of the MM deal is not affirmed.
    • Affirmed - If the status of the MM deal is affirmed.

    If the affirmation status is changed from unaffirmed to affirmed and the affirmation type or affirmation reference number is not specified, then the system displays an error message.

    Confirmation Waiver Status

    Select the MM deal confirmation waiver status. The options available are as follows:

    • Unwaived - If the MM deal is not waived off.
    • Waived - If MM deal is waived off.

    You can modify either ‘Affirmation Status’ or ‘Confirmation Waiver Status’ at a time.

    Affirmation Type

    Specify the affirmation type. Alternatively, you can select the affirmation type from the option list.

    Affirmation Type Description

    Give a brief description of the affirmation type.

    Affirmation Reference Number

    Specify the affirmation reference number.

    Affirmation Reference Date

    Select the affirmation reference date from the adjoining calendar.

    Affirmation Remarks

    Specify the affirmation remarks as per the requirement.