5.3.6 Main

The following table describes the main fields captured for Securities Netting transactions.

* Indicates mandatory fields.

Table 5-16 Securities Netting - Main

Field	Description
Safe Keeping Account	Select the Safe Keeping Account, linked to the selected SK Location, where the Security is maintained. This field cannot be amended after saving the securities netting All active SK Accounts, linked to the selected SK Location, are displayed for selection
SKL Type	Displays the SK Location Type. Can be Internal or External
Remarks	Enter any additional comments for the Securities Netting transaction. A maximum of 250 characters can be entered for remarks
Agreement / Counterparty	Select the Agreement or Counterparty for the securities netting transaction. This field cannot be amended after saving the securities netting Only those active Netting Agreements available for the current branch, with Expiry Date >= Process date and having linked security deals not yet settled, are displayed for selection Only those active portfolios for the selected module (if applicable) of the parent deals and available to the current branch where user has logged in, are displayed for selection Applicable only for Exchange Traded Derivatives and Credit Derivatives modules in which portfolios can be defined separately Only those active treasury Customers having linked security deals not yet settled, are displayed for selection
Module	Select Securities module to filter only market security deals or the module of the parent deals (if applicable) having linked security deals to be listed for netting. This field cannot be amended after first authorization of the netting transaction If not specified, then this field is set to ‘All’, by default
Portfolio Id	Select the Securities Portfolio having the security deals to be listed for netting. This field cannot be amended after first authorization of the netting transaction Only those active portfolios in Securities module, available to the current branch where user has logged in, are displayed for selection If not specified, then this field is set to ‘All’, by default
Settlement SKL	Select the Settlement SKL through which selected security is settled. By default, is set to the Settlement SKL linked to the market of issue of the selected Security
Security Code	Select the Security to be net settled. This field cannot be amended after saving the securities netting All active Securities, having a position linked to the selected SK Location, are displayed for selection
Process Type	Select the process during which the security deals, to be listed for netting, are created. This field cannot be amended after first authorization of the netting transaction Select ‘Market Deal’, to net only the security deals booked in the market for trading or investment purposes Select ‘Margin Call’, to net only the security deals created for collateral assignment or margin call purposes If not specified, this field is set to ‘All’ by default
Deal Type	Select the type of the security deals to be listed for netting. This field cannot be amended after first authorization of the netting transaction Select ‘Buy / Sell’, to net only the deals booked for buying or selling or transferring the security to counterparty Select ‘Block’, to net only the deals booked for blocking the securities provided as collateral to counterparty If not specified, this field is set to ‘All’ by default
Dstl Date	Enter the Dstl Date of the security deals to be listed for netting. Enter the Dstl Date of the security deals to be listed for netting. This field cannot be amended after first authorization of the netting transaction
Message Details	Group of fields to display the netting details that is used in the securities delivery messages.
Net Quantity	Displays the net quantity to be settled, calculated by considering the deals selected for netting in ‘Deals’ tab. Value for this field is automatically set, when the user clicks on ‘Apply Netting’ button ‘Deals’ tab, after selecting the deals for netting
Verified	Indicate whether he has verified the calculation of net quantity and agrees to the value displayed. Able to save the netting transaction only after ‘Verified’ is checked