5.3.2 Transaction Intermediary

This topic explains the Transaction Intermediary button of the Transaction screen.

If a broker has been identified as an intermediary for the transaction, then you must identify the same in this section, along with the commission percentage split for the broker.

If brokers are designated as mandatory for the fund in which the transaction is being put through, then you must specify at least one broker as mandatory information in this section. If brokers are not mandatory for the fund, and you do not specify any broker in this section, then the system reckons the broker as DIRECT and designates the same as the default broker.

To enter a block transaction request into the system, perform the following sequence of steps:

1. Click the Transaction Intermediary button in the Transaction screen.
   The Transaction Intermediary Detail screen is displayed.

   Figure 5-2 Transaction Intermediary Detail

   
   

   
   Description of "Figure 5-2 Transaction Intermediary Detail"

   
   
2. On Transaction Intermediary Detail screen, specify the fields.
   For more information on fields, refer the field description table.

   Table 5-4 Transaction Intermediary Detail

   Field	Description
   Entity Type	Mandatory Select the entity type from the drop-down list.The list displays the following values: Agent Branch Code IFA Account Officer Broker
   Entity ID	Alphanumeric; 12 Characters; Mandatory Specify the entity ID. Alternatively, you can select entity ID from the option list. The list displays all valid entity ID maintained in the system.
   Entity Name	Display The system displays the name of the selected entity ID.
   Parent Entity Name	Display The system displays the name of the parent entity.
   Split Percentage	Numeric; 5 Characters; Optional Specify the split percentage.
   From Or To Leg	Mandatory Select From or To Leg from the drop-down list. The list displays the following values: From Leg To Leg