3.39 Process Override Trade Cycle Date

This topic provides the instructions to invoke override trade cycle date screen details.

You can specify trade cycle dates that are different from the ones defined for a fund for transactions falling within a limited period (known as the Override Period). If you maintain these details, for the transactions that take place within the period, the system will use the dates you have maintained rather than the ones at the fund level. This facility is available only for funds with specific fund prices and for the following events:

• Enrichment and Saving of UT Transactions
• Generation of SI Transactions
• Generation of Dividend Transactions
• Redemption of Periodic Loads
• Generation of UT transactions for LEP
• Generation of Policy SI – UT transactions

You can define the alternate trade cycle dates and the override period in the Override Trade Cycle Date screen.

1. On Home screen, type UTDTDCYL in the text box and click Next.
   The Override Trade Cycle Date screen is displayed.

   Figure 3-51 Override Trade Cycle Date

   
   

   
   Description of "Figure 3-51 Override Trade Cycle Date"

   
   
2. On Override Trade Cycle Date screen, specify the fields.
   For more information on fields in the screen, refer the below table.

   Table 3-76 Override Trade Cycle Date

   Field	Description
   Fund ID	Alphanumeric; 6 Characters; Mandatory Specify the ID of the fund for which you wish to maintain different trade cycle dates for transactions made during the override period. You can also select the fund ID from the adjoining option list. The list contains the IDs of all the funds which have a specific fund price setup.
   Fund ISIN	Display The system displays the Fund ISIN.
   Fund Name	Display The system displays the name for the fund selected.
   Transaction Type	Mandatory Select, from the adjoining drop-down list, the transaction type for which the trade cycle dates are applicable. It should be a valid transaction type for the fund.The options are: ALL IPO Subscription Subscription Redemption Switch Transfer
   Transaction From Date	Date Format; Mandatory Enter the starting date of the override period. This should be a valid date in the system and can be before, after or equal to the system date.
   Transaction To Date	Date Format; Mandatory Enter the ending date of the override period. This should be a valid date in the system and can be before, after or equal to the system date. For all the transactions falling within the Transaction From Date and Transaction To Date, the system will default the dealing, settlement and price dates maintained here.
   Dealing Date	Date Format; Mandatory Specify a valid date as the dealing date. This date should be greater than or equal to the the Transaction To Date. It can also be a holiday as per the system.
   Settlement Date	Date Format; Mandatory Enter a valid date as the settlement date. The date entered should be greater than or equal to the Transaction From Date and should not be a fund, currency or system holiday.If the settlement date is a holiday in transaction currency, then the system will update the next working day of the transaction currency as settlement date
   Price Date	Date Format; Mandatory Enter a valid date as the price date. The date entered should be greater than or equal to the Transaction To Date but not a fund holiday. After you authorize the maintenance, the dealing date, settlement date and price date for a transaction type will be displayed in the transaction if the transactions falls within the override period specified and if no transaction has been allotted within the override period. Note: There should not be any overlap in the trade cycles maintained The price date should be greater than or equal to the first price date maintained under General Operating Rules for the fund. If holiday maintenance for the system calendar is not available, system will use the default weekend holidays from the default maintenance The trade details will be default for both LEP transactions as well as system generated ones. If a transaction is being reversed or a backdated transaction entered, the system will pick up the relevant override trade cycle maintenance based on the type and date of the transaction Existing override trade cycle maintenances can be closed only if there are no non reversed or unauthorized transactions in the system.