3.4 Product Code - WAC1
WAC1 – ETD Portfolio Product with WAC Costing Method
Business Scenario
ETD product WAC1 is parametrized with following features.
Synopsis (ex. high level features etc.)
- Exchange Traded Derivative Portfolio
- Define the Costing Method for the Bank’s Own Portfolio
Detailed Coverage
WAC1 Exchange Traded Derivative (ETD) Portfolio product covers the following features,
Table 3-7 Detailed Coverage
| Features | Type |
|---|---|
| Types of the Product |
|
| Costing Method | Weighted Average Cost (WAC) |
Events Covered (including brief information on accounting)
Product WAC1 has the Life Cycle of Exchange Traded Derivative as listed below:
Table 3-8 Events Covered
| Events Covered | Terminology |
|---|---|
| EAXS | Assignment of Exercise |
| ECLG | Closing of Long Position |
| ECSH | Closing of Short Position |
| EEPL | Exchange for Physicals - Take Delivery |
| EEPS | Exchange for Physicals - Make Delivery |
| EOLG | Opening of Long Position |
| EOPL | Opening of Options Premium Long Position |
| EOPS | Opening of Options Premium Short Position |
| EOSH | Opening of Short Position |
| ERVL | Revaluation of Long Position |
| ERVS | Revaluation of Short Position |
| EXPL | Expiry of Long Options |
| EXPS | Expiry of Short Options |
| EXRL | Exercise of Options |
Advices Supported
No Advices setup done in the WAC1 Product as part of Product Life Cycle:
Special/Other Features
Other Features
Apart from the above mentioned features, following features can be parametrized.
- Post Deal-wise PL Entries
- Open Individual Position
Additional information
Other Special Maintenance
Following are the Maintenance Required in OBTR to use the DMA1 product for ETD Portfolio Product-
- ED Branch Parameter
- Treasury Branch Parameter
- Treasury Messaging Parameter
- Local Holidays
- ETD Batch Maintenance
- Floating Rate Maintenance
Parent topic: Product Catalog - Treasury Exchange Traded Derivatives