9.6 Define Deal Limits for a Preference Class

This topic describes the systematic instructions to define deal limits for a preference class.

You may not want to sell a security at a deal price that varies beyond a limit, with respect to the market price. In Oracle Banking Treasury Management, you can ensure this by defining currency-wise deal price variance limits for a security preference class. These limits will apply to the securities maintained under products with which you associate the class.

1. On the Security Product Preference Class screen, click Limits.

   Limits screen is displayed.

   Figure 9-2 Limits

   
   Description of "Figure 9-2 Limits"
2. On the Limits screen, specify the fields.

   For more information on screens, refer below table.

   Table 9-3 Security Product Preference Class - Field Description

   Field	Description
   Currency	When building a Security Preference Class, you can define deal price limits in several currencies. Deals involving securities in the currency will be governed by the limits that you define for the currency. In this screen, you can express deal price limits in terms of: Positive and Negative Overrides (percentage) Positive and Negative Exceptions (percentage)
   Positive Override	Indicates the upper override limit.
   Negative Override	Indicates the Lower override limit. With respect to the market price, if the deal price of a security varies beyond the Override Limits (positive and negative), you can save the deal by providing an ‘override’. All overrides provided at deal-time will be included in the reports that you generate for the deal. With respect to the market price, if the deal price of a security varies beyond the Exception Limits, you cannot save the deal.