1.3 Associate a Broker and Product with a Rule

This topic describes the systematic instructions for broker association.

Brokerage association enables you to link a product, a rule, a currency or a currency pair (in the case of foreign exchange products) and a broker. Further, you can make a Brokerage Rule applicable for a broker, product and currency combination.

For a Foreign Exchange deal, you can make the brokerage applicable only when the contract involves a specific currency pair

Specify the User ID and Password, and login to Homepage.

1. On the Homepage, enter BRDASSOC in the text field and then click the next arrow.
   The Treasury Brokerage Association Maintenance screen displays.

   Figure 1-4 Treasury Brokerage Association Maintenance

   
   Description of "Figure 1-4 Treasury Brokerage Association Maintenance"

   Note:

   All fields with the (*) symbol are mandatory.
2. On the Treasury Brokerage Association Maintenance screen, specify the fields.
   For field details and description, refer to the below table.

   Table 1-6 Treasury Brokerage Association Maintenance- Field Description

   Field	Description
   Broker	Specify the broker code, or select a broker code from the option list by clicking on the option list available
   Product Code	Select a product code from the option list.
   Currency	Specify the SWIFT Code of the currency in this field. If the rule you are defining is for MM contracts in a specific currency. If the rule being defined is for Foreign Exchange contracts, you can make it applicable for contracts involving a specific currency pair by entering the pair at Currency1 and Currency2. SWIFT code here means the ISO code for currency as specified in SWIFT standards. The attributes of the brokerage rule can be associated with contracts defined in this combination.
   Rule	Select a rule from the option list. This rule associates with the Broker, Product, and currency or currency pair combination. Note: While processing security deals you can choose to add the brokerage computed at the deal level to the cost of the asset, instead of being expensive while processing the SE deal.