18.2.4 Capture Trade-Related Information

You can define the minimum quantity in which a security should be traded. Enter the specification in the Lot Size field. Preferences defined for the product, under which you maintain the security, will default to this screen. These default attributes can be changed.

The Quantity Quotation method

Securities can be quoted in terms of:

• Units (500 units of a security)
• Nominal (securities worth USD 5000)

Specify the quantity quotation method for every security you maintain. A security maintained under a product acquires the quotation method specified for the product. If you choose the Units Quotation option, you may also indicate whether the security can be traded in fractional units. Specify the fractional units in the Decimals field. Deals entered in fractional units of the security will be validated against the decimal value that you specify.