3.15 Short Trade Counter Details

This topic provides the instructions to invoke short trade counter details screen details.

You can view short trade counter at unit holder fund level using Short Trade Counter Detail screen.

  1. On Home screen, type UTDSTCNT in the text box and click Next.
    The Short Trade Counter Detail screen is displayed.

    Figure 3-23 Short Trade Counter Details


    Description of Figure 3-23 follows
    Description of "Figure 3-23 Short Trade Counter Details"

  2. On Short Trade Counter Detail screen, specify the fields.
    For more information on fields in the screen, refer the below table.

    Table 3-34 Short Trade Counter Detail

    Field Description
    Unit Holder ID Alphanumeric; 12 Characters; Mandatory

    Specify the Unit Holder ID. Alternatively, you can select unit holder ID from the option list. The list displays all the unit holder ID maintained in the system.

    You can also click Find UH button to invoke Unit Holder Find Options screen. You can search for the unit holder ID from this screen.

    Unit Holder Name Display

    The system displays the name of the unit holder for the selected Unit Holder ID.

    From Date Date Format; Mandatory

    Select the From Date from the adjoining calendar.

    To Date Date Format; Mandatory

    Select the To Date from the adjoining calendar.

  3. After specifying the necessary details, click Execute Query option. the system displays the fund ID, fund name and short trade count for the given criteria.

    The system will display the fund with count greater than zero. Also, the system will count only the transaction for which short trade are applicable.

    You can query the details of the transaction for which short trade are applicable.

  4. Click View button, the system displays the outflow transaction for which short trade are applicable.
    The Short Trade Transaction Detail screen is displayed.
    For more information on fields in the screen, refer the below table.

    Table 3-35 Short Trade Transaction Details

    Field Description
    Transaction Number Display

    The system displays the transaction number for which the short trade transactions happened.

    Transaction Date Display

    The system displays the transaction date on which the short trade transactions occurred.

    Short Trade Applicable Optional

    Select if the short trade is applicable or not from the drop-down list. The list displays the following values:

    • Yes
    • No

    By default, the transaction will be set to Yes.

    If you change the status to No, the system will not perform any validation.

    Once the Short Trade Applicable field is set to No, the system will reset the Short Trade counter while re-querying the given criteria.

    Marking the Short Trade Applicable to No, the system will not reverse or recalculate Short trade penalties.
    Remarks Alphanumeric; 255 Characters; Optional

    Specify remarks, if any on changing the short trade to Yes or vice versa.

    Batch Process

    The system will increment the unit holder fund level short trade counter during successful outflow allocation process, when the linked transaction meets any one of the following criteria.
    • If the link inflow transaction type is one of the applicable transactions type for penalty and if the linked transaction date plus Short Trade Days, as maintained in Fund Preference Maintenance (UTDFPMNT), is less than or equal to out flow transaction date.
    • If short trade units specified in the out flow transactions. This case is applicable for Nominee account type unit holder transactions.
    • Irrespective of number of short trade transaction linked to an outflow transaction it will be counted as one short trade transaction.
    During the reversal of outflow transaction linked to short trade, corresponding unit holder fund counter will be decremented.

Parent topic: Other Fund Activities