In this article, we describe the functionality to transfer an instrument, to and from an account. This functionality can be used if for example a customer has an instrument in one account and wants to transfer it to another account.
Transfer an instrument to an account
Choose the account for which you would like to transfer to or from.
Click the Action menu and choose Transfer Instrument in the list.
The pop-up ticket Transfer Instrument appears where you can select to transfer in or out. In = if the direction "In" is chosen it reflects that an instrument is being transferred to the account. Out = If the direction "Out" is chosen it reflects that an instrument is transferred from the account.
Click the Choose button to select the instrument that should be transferred
Select the instrument that should be transferred.
Enter the information in the ticket.
Custody Account - is prefilled and depends on what is set in the Execution Interface for the instrument. If the instrument does not have an execution interface this will not be prefilled.
As a default value, the Trade, Settlement, and Value date are today's dates, that is when the instrument is transferred. These dates should reflect historic dates. To change dates mark the fields and choose the right dates. Trade Date - the date when the instrument is bought, information filled in received from the other account. As default
Settlement Date – the date when the trade is settled.
Quantity – enter the number of instruments that should be transferred.
Acquisition Value - the total value, that is the value per unit/instrument * quantity being transferred.
Acquisition Value in account currency -If the currency of the account and the currency in which the instrument is traded are the same, the values of the Acquisition and the Acquisition in the currency of the account should be the same.
Acquisition price - the value per unit/instrument
Acquisition price in account currency - If the currency of the account and the currency in which the instrument is traded are the same, the price of the Acquisition and the Acquisition in the currency of the account should be the same.
Click the Confirm button. The instrument transfer is complete and a position has been created.
Navigate to the customer account information tab Overview, to see the position.