4.7.8 Authorization

For the collateral assignment transactions initiated or modified, another user (checker) different from the user who initiated (maker) should verify the details, as a cross-checking mechanism, and click Authorize button at the top of the screen.

  • Auto authorization can be enabled for this function

Checker should enter the correct values for the Rekey fields to ensure that the user is authorizing the intended transaction. Re-key fields applicable for the Collateral Assignment transaction are configured for the margin product.

The following table describes the fields available as Re-key fields for Collateral Assignment transaction. For those fields that are not configured for re-key in the margin product, the respective value selected for the fields are displayed.

Table 4-7 Collateral Assignment Process Authorization

Fields Description

Contract/Agreement

Enter the Agreement or Portfolio or Contract for which the collateral is assigned through this transaction.

Margin Code

Enter the Margin code selected for the collateral assignment transaction.

Party Id

Enter the Party to whom the collateral is assigned through this transaction.

Security Id

Enter the Security transferred as collateral for this transaction.

  • When multiple securities are transferred, any one of the security ids should be entered

Portfolio Id

Enter the Market Portfolio from which the security is transferred as collateral for this transaction.

  • When multiple securities are transferred using different portfolios, user should enter the portfolio used for the security id entered as re-key

Nominal / Units

Enter the quantum of the Security transferred as collateral for this transaction.

  • When multiple securities are transferred, user should enter the quantum of the security id entered as re-key
  • Value entered can be ‘Nominal’ or ‘Quantity’ based on the Quote type selected while booking the transaction

Margin Account

Enter the Margin Account to which the collateral is transferred through this transaction.

Account Currency

Enter the currency of the Margin Account selected for the transaction.

Settlement Amount

Enter the collateral amount settled for the transaction.