1.2.1 Instrument Conversion Maintenance

This topic provides systematic instructions to instrument conversion maintenance.

This screen will allow users to enter and update key details related to securities conversion such as the Effective date, Split ratio, Source and Target securities, Conversion Mode, Conversion Type and Conversion Status.

  1. On the Home screen, type TIDCNVMT in the text box, and click Next.
    The Instrument Conversion Maintenance screen displays.

    Figure 1-12 Instrument Conversion Maintenance


    Description of Figure 1-12 follows
    Description of "Figure 1-12 Instrument Conversion Maintenance"

  2. On the Instrument Conversion Maintenance screen, Click New.
  3. On the Instrument Conversion Maintenance, Specify the details as required.

    Table 1-12 Instrument Conversion Maintenance - Field Description

    Field Description
    Conversion Code Enter the unique Id of the security conversion.
    Conversion Description Enter the description for conversion.
    Conversion Date Enter the effective date of securities conversion.
    Record date Select the record date which indicates the date on which the company identifies the eligible shareholders.
    Announcement Date Select the date on which securities conversion is announced.
    Conversion Mode It indicates how the instrument conversion deal input record will be booked.
    Conversion type Select the type of the conversion from the drop-down list. It indicates if the maintenance is for security split or merger.
    Conversion Status Displays the status of the conversion.
    Security ID Displays the source security ID.
    Security Description Displays the source security description.
    Security ID Displays the target source security ID.
    Security Description Displays the target security description.
    Ratio (nnn:nnn) Displays the split/merger ration.
    Remarks Enter the remarks if any.
    Disposition of Fractions Enter the rounding fraction, it will indicate how the fractional entitlements will be handled.
    Product Code Enter the conversion product code.
    Product Description Enter the product description.
    Bank Buy Customer Sell Enter the product code and product description for the bank buy customer sell.
    Customer Buy Bank Sell Enter the product code and product description for the customer buy bank sell.
    Customer Buy Customer Sell Enter the product code and product description for the customer buy customer sell.

    User can create an Instrument Conversion Maintenance record with Source/Target securities, conversion type (Split/Merger), conversion ratio, and key dates (Announcement Date, Record Date, Conversion Effective Date). Conversion Mode can be Manual or Auto (EOD batch) and conversion status starts as Pending.

    This topic contains the following sub-topics:

Parent topic: Introduction of Securities Conversion - Splits and Mergers