3.19.1.1 Derive Transaction Date

This topic provides the instructions to derive the Transaction Date.

Transaction Date will be derived based on the Order received Date, Order Received Time Zone and Order Received Time. If order received time is within fund cutoff (converting time from Order Received Time Zone to Fund Time Zone), then transaction date arrives to same as order received date. If order received time breaches the fund cutoff, then transaction date arrives to next business date.

It is better understood by the below example:

Table 3-105 Example on Fund details

Fund Details	Case 1	Case 2	Case 3
Fund ID	FNSGP1	-	-
Fund Time Zone	SGT	-	-
Fund Cut Off	17:30	-	-
Module Default Time Zone	HKT	-	-
Time Zone	UKT	HKT	SGT
GMT+	00:00:00	08:00:00	08:00:00

Table 3-106 Example on Order Received details before and after Cut Off time

Order Received within Cut off time	Order Received within Cut off time	Order Received Post Cut off time	Order Received Post Cut off time
Fund ID	FNSGP1	Fund ID	FNSGP1
Order Received Date	2-Jan-15	Order Received Date	2-Jan-15
Order Received Time Zone	UKT	Order Received Time Zone	UKT
Order Received Time	9:15	Order Received Time	9:45
Transaction Date arrives to	2-Jan-15	Transaction Date arrives to	5-Jan-15