4.11 Process Global Order Confirmation Detail

This topic provides the systematic instructions to specify the price received from the fund house against the Global Order.

The system which provide the details of price uploaded for the Global Orders.
  1. On Home screen, type UTDGOCNF in the text box, and click Next.
    The Global Order Confirmation Detail screen is displayed.

    Figure 4-8 Global Order Confirmation Detail


    Description of Figure 4-8 follows
    Description of "Figure 4-8 Global Order Confirmation Detail"

  2. On Global Order Confirmation Detail screen, click New to enter the details.
    For more information on the fields, refer to the field description table.

    Table 4-12 Global Order Confirmation Detail - Field Description

    Field Description
    Global Order Number Alphanumeric; 16 Characters; Mandatory

    Specify the Global Order number.

    If you click on Populate button, the following fields are displayed.

    AMC ID Display

    The system displays the AMC ID.
    Fund ID Display

    The system displays the fund ID.
    Unit Holder ID Display

    The system displays the unit holder ID.
    Unit Holder Name Display

    The system displays the unit holder name.
    UH Account Type Display

    The system displays the UH account type.

    Nominee Account Number Display

    The system displays the nominee account number.
    Remarks Alphanumeric; 255 Characters; Mandatory

    Specify remarks, if any.
    Global Order Date Display

    The system displays the Global Order date.
    Transaction Category Display

    The system displays the transaction category. One of the following values are displayed in this field:

    • Legacy
    • Advised Business
    • Execution Only
    Global Order Transaction Type Display

    The system displays the GO transaction type.
    Global Order Mode Display

    The system displays the GO mode. One of the following values are displayed in this field:

    • Unit
    • Amount
    Global Order Status Optional

    Select the Global Order status from the drop-down list. Following are the options available in the drop-down list:

    • Confirmed
    • Rejected
    • Pending Confirmation
    • Amount Mismatch
    • Unit Mismatch
    • Price Mismatch

    For Amount based order, if confirmation amount is mismatch then system will save record with Status as Amount Mismatch.

    For Unit based order, if confirmation unit is mismatch then system will save record with Status as Unit Mismatch.

    For Amount/ unit based order, if confirmation price is different than the fund price (for transaction date and transaction type combination) then system will save GO with status as Price Mismatch.

    If unit/ amount and confirmation price matches then system will save the GO with confirmed status as Global Order Confirmed.

    You can change the GO status manually to either GO confirmed or GO rejected in the GO Confirmation screen. All other statuses are defaulted by the system without manual intervention. Once GO is rejected, post confirmation of rejected order and all underlying transactions in the GO will be rejected. These will not be taken up for allocation.
    Global Order Units Display

    The system displays the Global Order units.
    Global Order Confirmed Units Numeric; 27 Characters; Optional

    Specify the Global Order confirmed units.
    Global Order Amount Display

    The system displays the Global Order amount.
    Global Order Confirmed Amount Numeric; 30 Characters; Optional

    Specify the Global Order confirmed amount.
    Global Order Confirmed Price Numeric; 22 Characters; Optional

    Specify the Global Order confirmed price.

    The system will consider the confirmation price received against a GO as the fund price for the GO confirmation date.
    Global Order Price Date Display

    The system displays the Global Order price date.

    The Global Order Confirmation Detail screen will support all messages received via Swift Messages and will be enabled for any manual confirmation.

    If no confirmation is received from the fund house, then GO will not be reversed, however, it will reflect GO status as Pending Confirmation in Global Order Confirmation Detail screen.

    The system will run the pre-EOD batch to check if all GOs generated for the day have been confirmed. The batch will also include unconfirmed GOs for back dated. Only if GO is confirmed, the underlying trades will be allotted.

Parent topic: Process the Transactions - II