19.2.1 Process Rights and Warrants

As part of the maintenance function in Oracle Banking Treasury Management, you need to maintain basic details of Rights and Warrants, as and when they are issued. Rights and warrants can be defined through the Securities Rights and Warrants Corporate Action maintenance screen. The details that you maintain here relate to the ratio at which rights and warrants are issued, the resultant security id, the resultant ratio, the exercise start, and end date, etc.

1. On the Home page, specify SEDXRWDF in the text box, and click next arrow.

   Securities Rights/Warrants Definition screen is displayed.

   Figure 19-1 Securities Rights/Warrants Definition

   
   Description of "Figure 19-1 Securities Rights/Warrants Definition"
2. On the Securities Rights/Warrants screen, specify the fields.

   If you are defining details of a new right or warrant, click on a new icon from the toolbar. The Rights and Warrants Corporate Action maintenance detailed screen will be displayed without any details. If you are calling a record that has already been created, click on the Summary view. The details of existing records will be displayed in a tabular form. Highlight the record you wish to view and double click on it. You can specify whether you are maintaining details for Rights or Warrants by clicking on the appropriate button.

3. On the Security Rights/Warranty Definition screen, click Narrative

   Security Rights/Narrative Definition screen is displayed.

   Figure 19-2 Security Rights/Narrative Definition

   
   Description of "Figure 19-2 Security Rights/Narrative Definition"

   You have the option of entering a free format narrative for the rights/warrants event or leaving this screen blank. If you choose to define a narrative, it will be associated with the security of rights/warrants type, for which you have defined the event. You can also choose to leave this field blank.