1.1.3 FCIS Standing Instructions Detail - Intermediary

This topic explains the Intermediary tab of FCIS Standing Instructions Detail.

Specify any brokers that are to be deemed as applicable for the transactions generated for the standing instruction in this section.

Any identified brokers for the selected unit holder are displayed here, from the unit holder account profile, along with the parent brokers and the split percentages. You can alter this list, or add to it.

The split percentages that you specify for all brokers you choose for the transactions must sum up exactly to one hundred percent.

If brokers are designated as mandatory for the fund in which the standing instruction transactions are to be put through, you must specify at least one broker in this section.

1. On the FCIS Standing Instructions Detail screen, click on Intermediary tab to enter the details.
   The Intermediary details are displayed.

   Figure 1-4 FCIS Standing Instructions Detail - Intermediary Tab

   
   

   
   Description of "Figure 1-4 FCIS Standing Instructions Detail - Intermediary Tab"

   
   
2. On Intermediary tab, specify the fields.
   For more information on fields, refer to the field description below,

   Table 1-13 Intermediary - Field Description

   Fields	Description
   Entity Type	Mandatory Select the Entity Type from the drop-down list. The list displays the following values: Broker Agent IFA Account Officer Agency Branch
   Broker/Intermediary	Alphanumeric; 12 Characters; Mandatory You can also select the broker preferred by the investor from the list, and the corresponding information regarding the Intermediary and Parent Broker Name will automatically be populated in the adjoining fields on selection of the Broker Name.
   Entity Name	Display The system displays the entity name for the selected entity type.
   Split Percentage	Numeric; 5 Characters; Optional Specify the percentage of the commission derived for the standing instruction transaction that is to be accrued to the broker. The split percentages that you specify for all brokers you choose for the transactions must sum up exactly to one hundred percent.
   From Or To Leg	Mandatory Select the From or To Leg from the drop-down list. Click Default Intermediary button to default the intermediary details.