2.7.4 Holiday Preferences

User can define the preferences for validating holidays for the settlement date of the net settlement transactions using this scheme.

Click the Holiday Preferences button at the bottom of the Cash-Margin Settlement Scheme Maintenance screen to open this screen.

Figure 2-18 Holiday Preferences

Description of "Figure 2-18 Holiday Preferences "

The following table describes the fields captured for the holiday preferences defined for the scheme.

* indicates mandatory fields.

Table 2-7 Cash-Margin Settlement Scheme Maintenance – Holiday Preferences

Field	Description
Reference	Displays the Reference of the scheme selected.
Ignore Holidays	Indicate whether the settlement date, of the net settlement transaction using this scheme, is validated for holidays. If checked, settlement date will not be validated for holidays If unchecked, settlement date is validated for holidays based on the holiday preferences configured for this scheme Unchecked by default, if not specified.
Holiday Preferences	Group of fields to define the preferences that decides the holiday calendars to be used for this scheme. Applicable only if ‘Ignore Holidays’ is unchecked If applicable, at least one of ‘Local Holiday’, ‘Currency Holiday’ or ‘Financial Canter Holiday’ should be checked
Local Holiday	Indicate whether the settlement date is validated using holiday calendar of the transaction branch. Defaulted from the preferences defined for Margin-Netting product selected for this scheme
Currency Holiday	Indicate whether the settlement date is validated using holiday calendars of the holiday currencies selected for this scheme. Defaulted from the preferences defined for Margin-Netting product selected for this scheme
Financial Center Holiday	Indicate whether the settlement date is validated using holiday calendars of the financial centers selected for this scheme. Defaulted from the preferences defined for Margin-Netting product selected for this scheme
Holiday Currency	Select the currencies whose calendars should be used for validating holidays for the settlement date of the net settlement transactions using this scheme. Applicable only if ‘Currency Holiday’ is checked for this scheme Multiple holiday currencies can be selected, by clicking on the ‘+’ button The selected holiday currency can be removed by clicking on the ‘-’ button
Financial Center	Select the financial centers whose calendars should be used for validating holidays for the settlement date of the net settlement transactions using this scheme. Applicable only if ‘Financial Center Holiday’ is checked for this scheme Multiple financial centers can be selected, by clicking on the ‘+’ button The selected financial center can be removed by clicking on the ‘-’ button