19.2.4 Process Rights and Warrants

Remember that only those securities marked with auto initiation will be picked up for processing. Both with Rights as well as with Warrants the initiation, collection and liquidation happen together. The quantity of rights/warrants due for a portfolio is determined by the opening position/ holdings as of the record date. The rights/warrants events table is populated on the record date and is available for maintenance, as well as for viewing details of existing events. You are allowed to insert after the record date, those deals that were settled earlier to this date. As and when you insert back dated deals, the opening balance of rights/warrants due as of the record date is altered. This change will be reflected every day at EOD.

The record date is picked up and defaulted as the processing date. If required, you can change the processing date. Although the processing date can be changed, no change can be done to an existing record, as of the event date.