18.2.7 Indicate bankers acceptance

Indicate whether or not you intend to use the security you are defining for a Banker’s Acceptance deal. If this option is checked, it implies that you can fund the issuer of the security through a loan contract or a money market placement deal. You can also trade in the security on your behalf.

The value for this field defaults based on your specification in the Security – Product Preferences screen. If the default value is ‘Yes’, you can change it to ‘No’, but not the other way round. The quantity quotation for this security has to be ‘Nominal’ if the Banker’s Acceptance option is enabled. Refer to the Deal Online chapter of this User Manual for details on processing Banker’s Acceptances.