4.7 Main Criteria

User can select the Agreement, Portfolio or a specific Contract for which collateral is assigned.

• Can specify details for the collateral type and purpose (Margin type) of the collateral assignment transaction

Click the Main tab of the Collateral Assignment Process (SRDMRONL) function to open this screen

The following table describes the fields captured for the type and purpose of collateral assignment.

* Indicates mandatory fields.

Table 4-2 Collateral Assignment - Main

Field	Description
Module	Select the module of the contract(s) for which collateral are assigned. This field cannot be amended after saving the collateral assignment Only those agreements / portfolios associated to and contracts booked in the selected module are available for collateral assignment When ‘Portfolio’ is selected for ‘Margin For’ field, then only those modules in which portfolios can be defined separately, is displayed for this field These modules are - Securities, Exchange Traded Derivatives and Credit Derivatives If not specified, then this field is set to the Module to which the contract selected belongs to, when ‘Margin For’ selected is ‘Contract’ otherwise set to ‘All’, when ‘Agreement’ or ‘Portfolio’ is selected for ‘Margin For’ field
Deal Type	Select the deal type of the contract for which collateral is assigned. This field cannot be amended after saving the collateral assignment Applicable only when Margin For selected is ‘Contract’ Can be one of the standard deal types maintained using ‘Treasury Static Type Maintenance’ function with type as 'DEAL_TYPE’, applicable for the module and product type of the contract Only those Contracts of the selected deal type is available for collateral assignment If not specified, then this field is set to the Deal Type to which the contract selected belongs to, when ‘Margin For’ selected is ‘Contract’ otherwise set to ‘All’, when ‘Agreement’ or ‘Portfolio’ is selected for ‘Margin For’ field
Agreement / Portfolio	Select the Agreement or Portfolio for which collateral is assigned. This field cannot be amended after saving the collateral assignment Mandatory when ‘Agreement’ or ‘Portfolio’ is selected for ‘Margin For’ field When ‘Agreement’ is selected for ‘Margin For’ field, only those active agreements for Collateral purpose, with Branch as Head Office branch or current branch where user has logged in, with Collateral Party same as Party selected, enabled for the Module selected and having Expiry Date >= Settlement date of the collateral assignment, is displayed for selection If only one collateral agreement is available for the selected criteria, then that agreement is set by default to this field When ‘Portfolio’ is selected for ‘Margin For’ field, only those active portfolios for the selected module, available to the current branch where user has logged in and customer portfolios for the selected Party (if available), are displayed for selection Applicable only for Securities, Exchange Traded Derivatives and Credit Derivatives modules in which portfolios can be defined separately
Contract	Select the Contract for which collateral is assigned. This field cannot be amended after saving the collateral assignment Mandatory when ‘Contract’ is selected for ‘Margin For’ field Only those active contracts eligible for Collateral assignment, having branch same as current branch where user has logged in, Collateral Party same as Party selected, module and deal type same as those selected, is displayed for selection
Event Date	Displays the date on which the Collateral Assignment transaction was saved. Branch date is set by default
Remarks	Enter any additional comments for the Collateral Assignment transaction. A maximum of 250 characters can be entered for remarks
Collateral Type	Indicate the type of collateral that would be assigned for this transaction. This field cannot be amended after saving the collateral assignment Select Cash, when the collateral assigned is Cash or Deposits and when cash collateral is allowed for the selected Agreement or Portfolio or Contract Select Securities, when the collateral assigned is one or more Securities, eligible to be provided as collateral for the selected Agreement or Portfolio or Contract
Pledgor / Receiver	Indicate whether bank acts as the collateral provider or collateral taker for the selected Agreement, Portfolio or Contract This field cannot be amended after saving the collateral assignment Select Pledgor, when the bank is the collateral provider Select Receiver, when the bank is the collateral taker Set to ‘Receiver’ by default when Margin For selected is ‘Contract’ and Module-Deal Type of the Contract selected is one of the below Reverse Repo in Securities Repo module Set to ‘Pledgor’ by default when Margin For selected is ‘Contract’ and Module-Deal Type of the Contract selected is not in the above list. For example, Repo in Securities Repo module Both Long and Short in Exchange Traded Derivatives module Set to ‘Pledgor’ by default when Margin For selected is ‘Agreement’ or ‘Portfolio’ However, user can change to ‘Receiver’ before saving the collateral assignment
Margin Type	Select the Margin Type for which the collateral is assigned, for the selected Agreement, Portfolio or Contract This field cannot be amended after first authorization of the collateral assignment Select ‘Initial Margin’ (IM), if this collateral assignment is for transferring initial margin for the exposure from the transactions linked to selected Agreement, Portfolio or Contract Select ‘Independent Amount’ (IA), if this collateral assignment is for transferring additional margin, independent from initial margin Select ‘Variation Margin’ (VM), if this collateral assignment is for transferring margin due to revaluation or marking to market (MTM) of the exposure from the transactions linked to selected Agreement, Portfolio or Contract Select ‘Netted Margin’ (NM), if this collateral assignment is for transferring net amount of all types of margin applicable for the transactions linked to selected Agreement, Portfolio or Contract Select ‘Funding’ (DF), if this collateral assignment is for transferring margin for the purposes of creating a trading limit or contributing to the default fund Applicable only when Margin For selected is ‘Agreement’ If not specified, it is set to Variation Margin (VM) by default
Margin Code	Select the Margin Code defined for the selected Agreement and Margin Type. This field cannot be amended after first authorization of the collateral assignment Mandatory only when Margin For selected is ‘Agreement’ Defaulted to the active Margin Code defined for the selected Margin type in the selected Agreement
Margin Currency	Displays the currency in which Margin is calculated for the selected Agreement, Portfolio or Contract, for which the collateral is assigned. This field cannot be amended after first authorization of the collateral assignment When Margin For selected is ‘Agreement’, displays the Margin Currency defined for the Margin Code selected When Margin For selected is ‘Contract’, displays the Margin Currency applicable for the contract selected When Margin Currency is not specifically defined for the Contract, displays the Contract Currency When Margin For selected is ‘Portfolio’, displays the Portfolio Currency of the portfolio selected
Margin Product	Displays the Margin Product to be used for collateral assignment event. When Collateral Type is ‘Cash & Deposits’ and Net Cash is checked, displays the Margin Product linked to the Settlement Scheme selected When Margin For selected is ‘Agreement’, displays the Margin Product linked to the selected agreement When Margin For selected is ‘Contract’, displays the Margin Product linked to the Deal Product of the selected contract When Margin For selected is ‘Portfolio’, displays the Margin Product linked to the selected portfolio When there are no Margin products linked to the selected Agreement, Portfolio or Contract, displays the default Margin product defined for the bank
Parent Status	Displays the current status of the Agreement or Portfolio or Contract selected for collateral assignment.
Exposure Currency	Select the currency of Exposure of the transactions linked to selected Agreement or Portfolio, for which the collateral is assigned. This field cannot be amended after first authorization of the collateral assignment When Margin For selected is ‘Contract’, displays the Contract Currency and cannot be changed When Margin For selected is ‘Agreement’ or ‘Portfolio’, Exposure Currency is set by default same as Margin Currency, if not specified

On click of the P button, system automatically generates and displays a unique ‘Margin Reference’ for the collateral assignment transaction.

• Margin Details
  
• Linked Deals
  
• Events
  
• Fields
  
• Cash Collateral Assignment
  
• Settlement
  
• Securities Collateral Assignment
  
• Authorization
  
• Collateral Assignment Summary
  
• Collateral Assignment Summary screen