1.3 Trading Functions in FCIS System

This topic provides information on trading functions in the FCIS System.

Operate Trading Functions in FCIS System

You can automate the trading process of the AMC by using the following screens in the FCIS system:

• The UH Mapping (Detail and Summary) screens in the Trading menu in the Browser.
• The Trading Transaction Maintenance (Detail and Summary) screens in the Trading Transaction Maintenance menu in the Browser.

For the purpose of enquiry, the following reports are also available:

• The Fund Gross Settlement report
• The Trading Enquiry report
• The Trading Profit/Loss report

You can access all these reports through the Reports menu in the Browser.

When you operate the trading functions of the AMC through the FCIS system, it is recommended that you perform following processes:

• Set up the unit holders that are to be linked to the statutory and the suspense account for the AMC in the system, using the Unit Holder New Account screen. Authorize them and accept the information in the Registrar component.
• Link the unit holders that you have set up to the desired account type, statutory or suspense account, using the Unit Holder Trading Account Mapping Detail screen.
• Obtain the information about the trading position of the AMC through the Fund Gross Settlement report. The gross volume or settlement due to the transactions occurring on any certain business day can be learned from this report.
• Use the Trading Transaction Maintenance Detail screen to initiate any of the trading transactions.
• Authorize any initiated trading transactions using the Trading Transaction Maintenance Summary screen. The transactions are allocated as soon as they are authorized in the system.

Initiate Net Settlement Transactions

Though you can use the Trading Maintenance screen to initiate any of the trading transactions, the Net Settlement Transactions NSO and NSI cannot be initiated through this screen.

These transactions are automatically triggered by the End of Day process at the end of each working day, and the impact of these transactions is reflected immediately in the accounting and the balance in the trading box for the next working day.