Omgeo Version 7.0 OASYS User guide
Advertentie
Advertentie
Omgeo OASYS
TM
Investment Manager User Guide
Version 7.0
August
6, 2013
Omgeo APAC: “DTCC” is the brand name under which certain affiliates of The Depository Trust &
Clearing Corporation provide services in particular geographic areas, including Omgeo Limited, a limited liability company incorporated in Hong Kong; Omgeo Pte Ltd, a private limited company incorporated in Singapore; Omgeo Pty Ltd, a proprietary limited company incorporated in Australia; and Omgeo K.K., a kabushiki kaisha company incorporated in Japan (collectively, the “Omgeo
Entities”). Each of the Omgeo Entities are legally separate and independent entities, and each are subject to the laws and regulations of the particular country or countries in which they operate. The
Omgeo Entities are the relevant affiliates which are offering the services described above; The
Depository Trust & Clearing Corporation does not provide such services to clients. Please see www.dtcc.com/terms for a detailed description of the legal structure of The Depository Trust &
Clearing Corporation and its related entities.
Omgeo Canada: “DTCC” is the brand name under which certain affiliates of The Depository Trust
& Clearing Corporation provide services in particular geographic areas, including Omgeo Canada
Ltd./Omgeo Canada Ltée. and Omgeo Canada Matching Ltd./Services D'Appariement Omgeo
Canada Ltee. each being a private limited liability company incorporated in the province of Ontario,
Canada (collectively, the “Omgeo Entities”). Each of the Omgeo Entities are legally separate and independent entities, and each are subject to the laws and regulations of the particular country or countries in which they operate. The Omgeo Entities are the relevant affiliates that are offering the services described above; The Depository Trust & Clearing Corporation does not provide such services to clients. Please see www.dtcc.com/terms for a detailed description of the legal structure of The Depository Trust & Clearing Corporation and its related entities.
Omgeo EMEA: “DTCC” is the brand name under which certain affiliates of The Depository Trust &
Clearing Corporation provide services in particular geographic areas, including Omgeo Limited, a private limited company incorporated in England and Wales (company number 4007732), whose registered office is at Broadgate Quarter, One Snowden Street, London EC2A 2DQ. Omgeo Limited is authorised and regulated by the Financial Conduct Authority and is the relevant affiliate that is offering the services described above. The Depository Trust & Clearing Corporation does not provide such services to clients. Omgeo Limited is legally separate and independent from The
Depository Trust & Clearing Corporation and is subject to the laws and regulations of the particular country or countries in which it operates. Please see www.dtcc.com/terms for a detailed description of the legal structure of The Depository Trust & Clearing Corporation and its related entities.
Omgeo US & South America: “DTCC” is the brand name under which certain affiliates of The
Depository Trust & Clearing Corporation provide services in particular geographic areas, including
Omgeo LLC, a Delaware limited liability company (“Omgeo”). Omgeo is a legally separate and independent entity, and is subject to the laws and regulations of the particular country or countries in which it operates. Omgeo is the relevant affiliate that is offering the services described above; The
Depository Trust & Clearing Corporation does not provide such services to clients. Please see www.dtcc.com/terms for a detailed description of the legal structure of The Depository Trust &
Clearing Corporation and its related entities.
Certain Omgeo LLC services are subject to regulation by the U.S. Securities and Exchange
Commission ("SEC") and are offered by Omgeo Matching Services - US, LLC ("Omgeo Matching
Services"), which is set out in SEC Release No. 34-44188; File No. 600-32; 66 FR 20494 (April 17,
2001). Omgeo TradeSuite ID and Omgeo Central Trade Manager are services of Omgeo Matching
Services and are subject to SEC regulation when used for trades in which either the broker-dealer or its institutional customer is a U.S. entity and the securities in the trade are issued by a U.S. issuer.
No other services offered by Omgeo LLC are regulated.
Copyright © 2017 The Depository Trust & Clearing Corporation ("DTCC"). All rights
reserved.
This work (including, without limitation, all text, images, logos, compilation and design) is proprietary and protected by copyright, and is for the exclusive use of users authorized by DTCC. If this work is received from DTCC in any electronic medium, authorized users of this work are granted a limited, non-exclusive, non-transferable, non-sublicensable and freely revocable license to make reproductions and transmissions necessary for downloading and storage of this work on the users' computers and to print one or more paper copies from the electronic version for their own use. Other than to this limited extent, no part of this work (including any paper copies thereof or print versions thereof) may be printed, copied, altered, modified, posted, reproduced, displayed, published, sold, licensed, used or distributed (including by transmission) in any form or by any means, or stored in any information storage and retrieval system, without DTCC's prior written permission.
All product or service names are the property of their respective owners.
Publication Date: August 6, 2013
Publication Code: OA140
Service: Omgeo OASYS
Service Version: Version 7.0
Title: Investment Manager User Guide
ABLE OF
ONTENTS
Setting OASYS Properties ....................................................................... 13
Working with OASYS Tables .................................................................. 23
Innvestment Manager User Guide
1
Omgeo OASYS—Version 7.0, August 6, 2013
2
Importing and Exporting ........................................................................ 47
Creating Reports and Histories ................................................................ 63
Innvestment Manager User Guide
3
Using Omgeo OASYS-TradeMatch .......................................................... 69
Omgeo OASYS—Version 7.0, August 6, 2013
4
P
REFACE
Omgeo OASYS is domestic trade allocation and acceptance service for the U.S. OASYS automatically communicates trade and allocation details between investment managers, broker/dealers, and custodian banks.
This user guide describes how to:
• Connect to the OASYS host
• Enter equity and fixed income trades
• Enter stepout information for equity and fixed income trades
• Modify the OASYS tables
• Backup and restore the OASYS tables in the database (for example, Accounts and Equity Broker)
• Print trade reports
• Configure schedules to automatically import or export trades
• Use the OASYS-TradeMatch Service
Audience
This user guide is intended for investment managers who use OASYS to process allocations for equity and fixed income trades. It is assumed that you have a basic understanding of electronic trade and transaction processing concepts.
Changes in this Version
This version provides further support of the retail Separately Managed Account (SMA) business. With this release, investment managers can process stepouts for fixed income securities. To facilitate broker to broker street side clearance and settlement, OASYS now includes the Market Participant Identifier (MPID) of the executing broker/dealer and sponsor stepin broker/dealers.
OASYS 7.0 includes other processing and application improvements.
• Fixed Income Stepouts
• New Market Participant Identifiers (MPID) Fields
• New DTC Confirm Control # for Omgeo OASYS-TradeMatch (OTM)
• New Purchase Price Field for Tax Lots
• Stepout Aggregation Report for Investment Manager Workstation
• Additional Sorting and Filter GUI Enhancements
• Addition of Clearstream as Settlement Location
Investment Manager User Guide
5
For more information, see the OASYS 7.0 Product Release Information.
See the Omgeo OASYS 7.0 Workstation Installation Guide for information on using the Migration Tool to move data from an earlier version of OASYS to OASYS 7.0
Related Documents and Training
For related documents and all documents referenced in this manual, go to www.omgeo.com/ documentation. Omgeo also offers training and tutorials on how the product works and how to use it at omgeo.com/training.
Questions?
Omgeo’s Client Contact Center (CCC) provides general assistance and technical help. Visit www.omgeo.com/ServiceCentral to:
• Enter a service request or check the status of an existing service request
• Search our knowledge base
• Access our library of documentation
• Obtain contact information
Omgeo OASYS—Version 7.0, August 6, 2013
6
G
ETTING
S
TARTED
Introduction
This chapter describes how to start the workstation, work on the Trade Summary screen, and view a trade reference number.
Starting the Workstation
An OASYS host connection to the primary workstation must be in working order to run the software. For information on setting up the connection, see the Installation Guide.
To start the workstation:
1. Do one of the following:
• Double-click the OASYS icon on your desktop.
• From the Start on the Windows taskbar, select All Programs, and then select Omgeo OASYS 7.0.
The Trade Summary screen appears. The OASYS Trade Summary Screen figure shows an example of
the Trade Summary screen with four pre-loaded trades (the first two show allocation listings).
OASYS Trade Summary Screen
Note: Depending on your step in the setup process, there can be trades loaded in the Trade Summary screen. Refer to the Omgeo OASYS Integration Guide for more information about importing/ exporting trades and trade models.
Investment Manager User Guide
7
2. Click the Connect icon to connect to the Omgeo host and download the latest OASYS tables. The
tables are fully described in About OASYS Tables.
Working in the Trade Summary Screen
The Trade Summary screen displays information about equity and fixed income trades.
From this screen, you can access all OASYS functions required to process trades. It includes the following components:
• The title bar contains the name of the active filter.
• The menu bar and the toolbar (top of the screen) provide access to all the OASYS screens and functions used to process trades.
• The bar at bottom of the screen provides status information. To help you quickly identify a trade
status, select a color for each status. See Changing Trade Status and Stepout Colors.
• The display area shows both equity and fixed income block trades and their allocations. When you expand a trade, its allocations appear underneath the associated block. The data fields include:
• Status indicators
• Expand/Collapse button
• Block Details
• Status Values
• Number of Allocations
• Trade Date and Time
• Reference #
The Trade Summary Screen Fields table provides a description of the Trade Summary screen fields.
Trade Summary Screen Fields
Field Name
Status Indicators
Purple or Green Dot
Description
A dot indicating that messages are ready to be sent to the OASYS host.
• Purple indicates that the trade is in a transmittable state but you can still edit it.
• Green indicates that the trade is in a transmittable state and has already been queued for transmission. You can view, but not edit, the trade.
OASYS-TradeMatch
Yellow Dot
Green Up Arrow (solid)
Green Up Arrow (hollow)
(OASYS-TradeMatch) Indicates that a trade was successfully transmitted to the TradeMatch system. It appears after the Green dot displays.
(OASYS-TradeMatch) Indicates that a trade successfully passed the TradeMatch criteria and was added to its system for comparison. It does not mean that the trade is successfully matched.
(OASYS-TradeMatch) Indicates that a trade successfully passed the TradeMatch criteria. but it contains soft errors. A soft error indicates that data associated with the Omgeo TradeHub™ custodian allocation feature is missing and the allocation is not forwarded to the custodian. However, this data is not critical to the processing of block trades or allocation details.
• Example 1:
The institution's custodian is not a TradeHub subscriber and therefore, the information cannot be forwarded to custodian.
• Example 2:
The Agent ID and AIA# are missing in Omgeo ALERT and also missing, or only partially populated, in the Standing Instructions Database (SID).
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Trade Summary Screen Fields (Continued)
Field Name
Red Down Arrow
Description
(OASYS-TradeMatch) Indicates that a trade contains a hard error and is, therefore, invalid.
TradeMatch cannot process the entire block trade nor match the allocation to confirm it. You can view the error in the TradeMatch Errors screen.
• Example 1 (block):
The ticker is invalid and the entire trade did not process.
• Example 2 (allocation):
The Inst ID field was not found for the allocation in ALERT.
Expand/Collapse Button
+ or - button Allows display of trade data to be expanded from block to block/allocations (+) and collapsed back to block only (-). You have the option of selecting a color for the button to indicate step-outs.
(OASYS-TradeMatch) When you expand a trade to view the allocations, the matching status displays on each allocation processed in TradeMatch.
Trade Details
Trans
Security/Account
Asset Class
Security Type
Size/Quantity
Price
Comm
Counterparty/BOC
Bought/Sold Indicator
(B/S)
, an abbreviation of the transaction.
• For a block trade, the name of the security.
• For an allocation, the account name.
Identifies whether the trade is for an equity (EQ) or fixed income (FI) security type.
Identifies the security type:
•
EQ
(Equity)
•
FI
(Fixed Income)
The quantity of the financial instrument.
Transaction price per unit of the financial instrument.
Commission (special concession).
• If a block, Broker Short Name from the broker table is displayed.
• If an allocation, Broker of Credit Name is displayed.
Status Values
Status The status of the trade or allocation. The trade values include:
•
ACCRCVD
—institution received an ACCEPT from the broker. Final status of the trade.
•
ALLOC
—trade has been fully allocated.
•
CANCEL
—you have canceled the trade.
•
CNCLD
—broker has received the canceled trade.
•
DUPL
—trade is a copy of an earlier trade.
•
INCMPL
—trade is missing required information.
•
NALLOC
—trade is entered on your workstation; the allocations are either less than or greater than 100%, or the price was not specified.
•
RCVD
—broker workstation has received the trade.
•
READY
—trade is ready for transmission to OASYS.
•
REJECT
—broker has rejected the trade.
•
SENT
—trade has been sent to the OASYS host.
• When you expand the trade in OASYS-TradeMatch, the matching status displays on each allocation processed in TradeMatch.
Number of Allocations
# Alloc
Trade Date and Time
Trade Date
Displays the total number of allocations for the block.
The security’s trade date.
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Trade Summary Screen Fields (Continued)
Field Name
Time
Trade Reference Number
Reference #
Description
The time the security was traded.
OASYS trade reference number assigned by the workstation after you enter a trade manually or
through the Import function. Refer to Viewing a Trade Reference Number in the next section of
this chapter for more information.
Reviewing the Toolbar
The icons on the Trade Summary screen toolbar are described in the OASYS Trade Summary Screen
OASYS Trade Summary Screen Toolbar
The Toolbar Icon Functions table describes the toolbar icon functions.
Toolbar Icon Functions
Icon Click to...
Import trade models.
Export trade models.
Filter trade models for display.
Connect to the workstation to the OASYS host.
Disconnect the workstation from the OASYS host.
Filter trades for display.
Sort trade models.
Print selected trades.
Display the Trade Summary screen.
Cancel a trade.
Transition a trade status to
READY
.
Duplicate a trade.
Open a selected trade.
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Toolbar Icon Functions (Continued)
Icon Click to...
Create a trade.
View the previous or next trade in the list.
View the OASYS User ID, System ID, Host ID, Data Source, and Memory Available.
Viewing a Trade Reference Number
The OASYS workstation assigns each trade a unique eleven-digit reference number, including the decimal.
The number appears in the Reference # column of the Trade Summary screen. See the Trade Reference
Trade Reference Number
The number breaks down as follows:
• The first three characters are the Julian date, which corresponds to the sequential day of the year the trade is submitted.
• The next five characters are the trade sequence number, which is the sequential order number
OASYS assigns to the trade on that date.
The last two characters, set off by a decimal point, represent the trade version number, indicating the number of times the trade has been amended.
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Omgeo OASYS—Version 7.0, August 6, 2013
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S
ETTING
OASYS P
ROPERTIES
Introduction
This chapter describes how to set OASYS system and user properties.
About OASYS Workstation Properties
You can display workstation setup properties on the OASYS Workstation Setup and Advanced Workstation
Setup screens. Some options are set at installation and cannot be modified after installation. Other options are read-only, unless you are the OASYS administrator.
OASYS Administrator Settings
Omgeo sets administrator settings before installation. Only an administrator can change these settings with help from Omgeo Client Support:
• Workstation type
• GMT offset
• Site ID, host ID/password
• Trade and settle date
• User ID and password
• Database retention
OASYS User Settings
You can change any of the following settings:
• Security type default for new trades. For example, if you only handle equity trades, you can set EQUas the default.
• OASYS-TradeMatch options:
• Default settlement location
• Default submitting institution
• Pre-notification to custodian option
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OASYS Workstation and Advanced Workstation
Screens
In the Trade Summary screen, click Workstation Setup on the Tools menu to open the OASYS Workstation
necessary.
OASYS Workstation Setup Screen
The OASYS Workstation Setup Screen Fields table describes the OASYS Workstation Setup screen fields.
OASYS Workstation Setup Screen Fields
Description Field
System Setup
Institution/Broker
Site ID/Acronym
Host ID
Host Password
Options
GMT Offset
Identification of your type of OASYS workstation.
Your ID/acronym on the OASYS host. Typically your acronym, which you can see on your Broker Table.
ID your workstation uses to connect to the OASYS host.
Password your workstation uses to connect to the OASYS host.
Trade Date Range
(Business Days)
Settle Date Offset
(Business Days)
Database Retention
(Calendar Days)
Security Type
Difference between local time and Greenwich Mean Time. Up to 11 hours, plus or minus. This setting reflects your local time zone. For example, EST is a five hour difference (-5), and EDT is a six hour difference (-6).
Directs your workstation to refuse trades for import or manual update which are more than
N
business days old.
Number of business days added to the trade date to calculate the settlement date if your counterparty has not provided a specific settlement date.
Number of calendar days that trades are kept in the database before your workstation purges them.
Settlement Location
Type of equity or fixed income financial instrument such as SHP (preferred shares) and MBS (mortgagebacked securities). You can set the default on the OASYS Workstation Setup screen.
(OASYS-TradeMatch) On the allocation, identifies a valid settlement location. Once you select a default settlement location, it is also copied to the allocations.
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OASYS Workstation Setup Screen Fields (Continued)
Field
Submitting Institution
Pre-Notify Custodian
Communication
Dial-in Active
Receive Timeout
Default
Advanced button
User Setup
User ID
User Password
Description
(OASYS-TradeMatch) On the trade block, the TradeMatch ID of the submitting institution.
(For OASYS-TradeMatch clients) On the trade block, indicates that the trade is sent to a custodian.
Check box indicates whether your workstation can dial in to host.
Length of time in seconds that your workstation waits for messages from the OASYS host before assuming a line failure.
Click to return to the original installation settings.
Displays the Advanced Workstation Setup screen.
Your ID to log in to your OASYS workstation.
Asterisks representing your password.
Advanced Workstation Setup Screen
Click Advanced on the right side of the OASYS Workstation Setup screen to open the Advanced
Workstation Setup Screen (Advanced Workstation Setup Screen figure).
Advanced Workstation Setup Screen
The Advanced Workstation Setup Screen Fields table describes the screen fields.
Advanced Workstation Setup Screen Fields
Description Field
Communication Configuration
Host Port
Source Port
Communication port on the OASYS host.
Communication port on you local workstation. The default value is zero (
0
), which means
OASYS can use any workstation port. We recommend that you use the default (
0
), to avoid conflicts with other applications.
Frame Blocking
Maximum Trades
Blocked
Maximum number of trades to send at one time to the OASYS host and receive from the host.
The default is
10
.
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Configuring the Connection to the Host
The Connection option on the Tools menu opens the Connection Configuration screen, where you can:
• View, select, and configure a network connection.
• View the host address for your connection.
• Set the amount of idle time allowed before the workstation disconnects.
• Set how many times OASYS tries connecting to the host using one phone number before it tries the next number.
• View your workstation’s connection statistics (login time, total successful sessions, total failed attempts to connect) on the Connection Statistics screen.
To configure the OASYS host:
1. Select Connection on the Tools menu in the Trade Summary screen.
The Connection Configuration screen appears (Accept or modify the defaults in the Hangup Delay and
Connection Configuration
Note: This option overrides the scheduled communication configurations. You can view the status of the communication by double-clicking the OFFLINE/ONLINE status bar.
2. Accept or modify the defaults in the Hangup Delay and Max Retries fields.
3. In the Network Connections section, select the Active check box.
4. Select the connection method from one of the Network Connection drop-down list items, depending on your system configuration.
5. Click Configure if available. Local Area Network and F5 SSL VPN connections are standard Omgeo connections and do not require additional configuration.
6. Type your user name and password in the User and Password fields.
7. Type the OASYS host in the Host Address field.
8. Click OK.
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The Connection Configuration Screen Fields table describes the screen fields.
Connection Configuration Screen Fields
Field
Connection Configuration
Screen
Statistics button
Description
Click to display the Connection Statistics screen and view the information about your workstation’s connections to the OASYS host.
Connection
Hangup Delay
Max Retries
Idle time allowed before the connection to the host is automatically terminated. Maximum:
9 minutes
,
59 seconds
.
Number of times to try to connect to the OASYS host if a connection fails. OASYS tries each connection once and then, if it fails, moves to the next connection.
Network Connection
Active check box
Network Connection
User
Password
Host Address
Configure
New button
Click to select a network connection for use. You can activate up to five connections.
Name of the network connection.
Name used to identify the network connection user.
User password.
OASYS host address, supplied by Omgeo.
(Advanced) Click to open the configuration property screen for the connection. Use only to set up a connection that is not one of the defaults from Omgeo.
Click to create a specialized dial-up network connection.
Checking Connection Statistics
In the Connection Configuration screen, click Statistics to view the system connection log for the
information described in the Connection Statistics table.
Connection Statistics
Display Field
First Login Today
Total Login Time
Total Successful Sessions
Total Failed Attempts
Last Successful Login
Last Failed Login
Description
Date and time of first the log on to the host today.
Total time your workstation has been connected to the host today.
Number of successful logins today.
Total failed login attempts today.
Last date and time system successfully logged on to the host.
Last date and time system attempted to log on host but failed.
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Changing Trade Status and Stepout Colors
To help you quickly identify a trade's status on the Trade Summary screen, you can select a trade color based on its status. Some trade status colors are already set by default:
• CANCEL
• CNCLD
• REJECT
• ACCEPT
To change a trade color:
1. Select Trade Status Colors from the Tools menu. The Colors screen appears (Colors Screen figure).
Colors Screen
2. In Background Color, select the OASYS (2.x) Default or OASYS 1.9 Default color scheme using the radio buttons. You can also select the Grid Lines check box to show grid lines on the Trade Summary screen.
3. Follow the directions on the screen to select a status and corresponding color scheme. The selected status displays the color you chose.
4. To return to the default colors, click Defaults.
5. Click OK to save your changes or click Cancel to exit without saving your changes.
To change a stepout allocation indicator color:
1. Click the Stepout Allocations Indicator Color tab.
2. Click Select Color and choose a color in the Color screen.
3. Click OK, and then click OK again in the Color screen to confirm your choice.
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Setting a Default Security Type
Use this field if you deal primarily in one security type, such as corporate bonds (COB).
To set a default security type:
1. Select Workstation Setup from the Tools menu. The OASYSWorkstation Setup screen appears.
OASYS Workstation Setup Screen
2. In the Security Type field under Options on right side of the screen, select the default security type for new trades.
Once you select a default security type, you do not have to use this field in your import file. To change the value, populate the field with a new value in your import file, or manually change it in the Block
Details screen.
3. Click OK to save your changes or click Cancel to exit the screen.
Setting OASYS System Properties
You can set up these defaults for OASYS on the System Properties screen:
• Settings — Defaults for date and time formats, filters and sort models, report format, report font size, and event log verbosity.
• Import/Export — Import and Export models. Refer to the Omgeo OASYS Integration Guide for more information about import/export.
• Preferences — Preferences for Auto Ready. The preferences are:
• Confirming a delete
• Calculating commission
• Entering the Security ID in uppercase
• Filtering allocation details from broker/dealers
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• Checking for unique allocation internal reference numbers
• Displaying the counterparty name by firm name or OASYS acronym.
Note: The System Properties settings are applied at the beginning of a login session. If you change a setting and want to apply it, log out, and then log back in.
Specifying System Settings
Enter defaults for your OASYS workstation on the Settings sheet of the System Properties screen.
To change the OASYS system setting defaults:
.
1. Select System Properties from the Tools menu. The System Properties screen appears and displays the
Settings sheet (System Properties Screen figure).
System Properties Screen
2. Select the date and time format to display on OASYS screens and reports in the Date Format and Time
Format drop-down lists, respectively.
3. Select defaults to filter and sort the trades on the Trade Summary screen in the Default Filter and Default
Sort drop-down list, respectively.
4. Select the default format and font size for the OASYS reports in the Default Report Format and Default
Report Font Size drop-down lists, respectively.
5. Choose the message level you want recorded in the event log from the System Event Verbosity drop-down list.
Tip Only select
All Messages
under the direction of Omgeo personnel.
6. Select the Display Table Update Message check box to display a message whenever table information
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updates by a data download from the OASYS host.
7. Select Restore Default Columns on Exit check box to restore the default columns and widths on the Trade
Summary screen when you exit OASYS. Clear this check box to retain any personal preferences you set for the Trade Summary screen.
8. Click OK to save your changes or click Cancel to exit the screen.
Specifying Import/Export Models to Display
If you import or export trades, you can select the default import/export models. You can also indicate the name of the model to display when an import or export is run. Enter defaults for your import/export models on the Import/Export sheet of the System Properties screen.
For more information on setting up import and export models, see the Omgeo OASYS Integration Guide.
To select the default import and export models:
1. Select System Properties from the Tools menu.
The System Properties screen appears.
2. Click the Import/Export tab (Import/Export Tab figure).
Import/Export Tab
3. Select a default import model in the Import Model drop-down list.
4. To display the model name on the Import Model screen, select the Display Model When Import Run check box.
5. Select a default export model in the Export Model drop-down list.
6. To display the model name on the Export Model screen, select the Display Model When Export Run check box.
7. Click OK to save your changes or click Cancel to exit the screen.
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Specifying Preferences
You can enter the defaults for displaying specific OASYS screens, messages, and actions on the Preferences sheet of the System Properties screen.
To set preferences:
1. Select System Properties on the Tools menu. The System Properties screen appears.
2. Click the Preferences tab (Preferences Tab figure).
Preferences Tab
3. Select the Auto Ready check box to set allocated trades to a READY status automatically.
4. Select the Confirm Delete check box to display a message confirming that you really want to delete an
Import, Export, or Filter model.
5. Select the Calculate Commission check box to have the commission calculated on the allocation screen.
6. Select the Enter Security ID in Upper Case check box to have the security identification entered in capital letters.
7. Select the Filter Allocation Details for All Brokers check box to filter stepout allocation details from the broker.
8. Select the Check for Unique Allocation Internal Reference Numbers check box to ensure that all allocations include unique internal allocation reference numbers.
9. Under Display Counterparty, select one of the following radio buttons:
• By Firm Name to display the firm name followed by the OASYS acronym in the OASYS Broker/
Stepout Broker field on the trade block/allocation.
•
By OASYS Acronym to display the acronym followed by the firm name.
Click OK to save your changes or click Cancel to exit the screen.
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W
ORKING WITH
OASYS T
ABLES
Introduction
This chapter describes how to work with the tables created in OASYS.
About OASYS Tables
The Omgeo workstation includes view-only and user-editable tables. The OASYS workstation updates the view-only tables when you initially connect to the host and whenever table updates are available.
The OASYS Tables table describes each OASYS table.
OASYS Tables
Table
Equity Broker
Fixed Income Broker
Broker of Credit
Account
Description
Contains available equity brokers, including:
• Long Name—automatically provided
• Acronym—automatically provided
• Short Name—automatically provided
• Internal ID—for internal mapping purposes only
• DTC Number—a four-digit number for internal mapping purposes only
Each time you connect to the OASYS host, it checks the table against your workstation table and updates the workstation if necessary.
See Equity Broker descriptions
Contains the broker of credit names you create on the workstation, including:
• BOC Name (required)
• Internal ID—for internal mapping purposes only
• DTC Number—a four-digit number for internal mapping purposes only
The Blocks created in this table appear in the Broker of Credit Name and ID drop-down lists in the Allocation
Details screen.
Contains the account name you create on the workstation including:
• Account Name (required)
• Account Code (required)
• ALERT Access Code
The Accounts created in this table appear in the Account Name, Account Code, and ALERT Access Code dropdown lists in the Allocation Details screen.
Each field is tied to a single Account. For example, supposed that you select a specific name in the Account
Name drop-down list. OASYS then automatically populates the corresponding Account Code and ALERT Access
Code drop-down lists with the values provided in the Accounts table.
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OASYS Tables (Continued)
Table
Omnibus Account
Security Type
Holiday
Generate ASCII Files
TradeSuite Errors
Description
Contains the account name you create on the workstation that one merchant carries for another, including:
• Omnibus Account Name—a drop-down list of existing accounts from the Accounts table (required)
• Sub-Account Name (required)
• Sub-Account Code (required)
Contains available security types for equity and fixed income trades, including:
• Code
• Description
• Asset Class
Each time you connect to the OASYS host, it checks the table against your workstation table and updates the workstation if necessary.
Contains a list of holiday describing when trades and settle dates are allowed and disallowed, including:
• Date
• Trade
• Settle
Each time you connect to the OASYS host, it checks the table against your workstation table and updates the workstation if necessary.
Provides a path for you to save the following tables in ASCII (.as) format:
• Equity Broker ( oasysbkr.asc
)—List contains the Acronyms only.
• Fixed Income Broker ( oasysbfi.asc
)—List contains the Acronyms only.
• Broker of Credit ( oasysboc.asc
)—List contains tab-separated BOC Name, Internal ID, and DTC
Number.
• Accounts ( oasysacc.asc
)—List contains tab-separated Account Name, Account Code, and ALERT
Access Code.
• Security Type ( oasyssec.asc
)—List contains the Code only.
• Holiday ( oasyshol.asc
)—List contains tab-separated Trade Holiday, Settlement Holiday, and Date.
Contains a list of TradeSuite errors, including:
• Reference
• Seq #
• FieldCode
• ReasonCode
• Description
Each time you connect to the OASYS host, it checks the table against your workstation table and updates the workstation if necessary.
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User-Editable Tables
The User-Editable Tables table describes the tables you can modify and the limitations of those modifications.
User-Editable Tables
Table
Equity Broker
Fixed Income Broker
Broker of Credit
Account
Omnibus Account
Edit Scope
Add and update Broker Internal ID or DTC Number only
Add and update Broker Internal ID or DTC Number only
Add, delete, and modify entries
Add, delete, and modify entries
Add, delete, and modify entries
View-Only Tables
OASYS uses the following view-only tables:
• Security Type
• Holiday
• TradeSuite Errors (OASYS-TradeSuite)
Note: For OASYS-TradeSuite clients: OASYS also uses the Participant table to validate the following
TradeMatch IDs: Institution ID, Broker ID, and Agent ID. This table is on your workstation but it is not available in the OASYS interface.
Viewing and Printing a Table
The Tables menu lists all of the tables.
• Select any table on the Tables menu to view it.
• Select any table on the Tables menu to view it, and then click Print.
Updating Broker of Credit, Account, and Omnibus
Account Tables
To create trade allocations, set up an account in the Account table. The Broker of Credit and Omnibus
Account tables are optional.
Batch Load Account Table Data
You can import data for a new Account table, rather than adding or modifying entries for Account Name,
Account Code, and ALERT Access code separately.
To import data:
1. Create a semicolon-delimited load file using a text editor, such as Notepad. For each new or updated entry, include values for Account Name, Account Code, and ALERT Access Code. For example: account5;34567;789ab
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account6;678912;234567
2. In OASYS, select Account from the Tables menu.
The Account Table dialog box opens.
3. Click Batch Load.
A message advises you to back up the current Account table. Do one of the following:
• Click No to stop the batch load and back up the table.
• Click Yes to continue to the next step.
4. A dialog box opens, prompting you to enter the folder that holds the account information to load. Click
Browse to locate the folder with your load file. Then, append the load file name to the folder name and click OK.
OASYS loads the new account entries into the Account table.
If any values in the load file are duplicates of existing Account Table values, the Duplicate Account
Handling dialog box opens. A duplicate can be a file you want to replace or an error in your load file. You can handle each error or update individually, or you can process the entire load file without prompts.
For example, if you created the load file to update existing Account Table entries, select the Apply This
Action to ALL Accounts check box. Then, click Yes to replace it with the values that appear under “Replace it with following new info?” OASYS updates all accounts.
Adding or Modifying Table Entry
You can add and modify entries in the Account, Broker of Credit, and Omnibus Account tables.
To add or modify an entry to a table:
1. Select the table you want to update from the Tables menu.
2. From the table screen, click New. The corresponding table Entry screen appears.
3. Enter or modify the information shown in appropriate fields.
4. Click OK to save the information and return to the table screen or click Cancel to return to the table screen without the table modification.
Copying a Broker of Credit Table Entry
You can copy an entry in the Broker of Credit tables.
To copy a table entry:
1. Select the Broker of Credit table from the Tables menu. The Broker of Credit Table appears.
2. Select the entry you want to copy (you can only copy one entry at a time). The Broker of Credit Entry screen appears.
3. Confirm the copy by assigning the copied table the following on the Broker of Credit entry screen:
• BOC (Broker of Credit) Name
• Internal ID,
• DTC Number
4. Click OK to save the copy and return to the table screen or click Cancel to return to the table screen without saving it.
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Validating the Account Table Contents
You validate the contents of the Account table (Account Table Dialog Box figure) by clicking the Modify button from the Account Table dialog box. This validation ensures that table entries sourced from another application contain properly formatted characters. OASYS can then pass on these entries to the broker/ dealers.
Account Table Dialog Box
Deleting a Table Entry
You can delete a table entry from an Account, Broker of Credit, and Omnibus Account table.
To delete a table entry:
1. From the Tools menu, select the table in which you want to delete entries.
2. With the table screen displayed, select the entry you want to delete.
3. Click Delete.
Updating Equity Broker and Fixed Income Broker
Tables
You can add, modify, or copy a broker/dealer Internal ID or DTC number in the Equity Broker and Fixed
Income Broker tables. You cannot add broker/dealer names to these tables.
When you add entries to the Equity Broker and Fixed Income Broker tables and download them to your workstation, your local tables are automatically updated.
You can delete selected broker/dealers, but you cannot delete the last instance of an OASYS broker/dealer from these tables.
Adding an Internal Broker ID or DTC Number
You can add an internal ID and/or DTC Number to a table entry in the Equity Broker and Fixed Income
Broker tables.
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To add an Internal ID and/or DTC Number:
1. From the Tools menu, select the relevant table.
2. From the relevant screen, select an existing broker/dealer and click New. The associated entry screen appears.
3. Enter the Internal ID and/or DTC Number.
Note: Multiple internal IDs can map to the same long name/acronym/short name combination.
4. Click OK to save the information and return to the table screen or click Cancel to return to the table screen without saving it.
Modifying an Internal Broker ID or DTC Number
You can modify an Internal ID and/or DTC Number of a table entry in the Equity Broker and Fixed
Income Broker tables.
To modify an Internal ID and/or DTC Number:
1. From the Tools menu, select the relevant table
2. Select an existing broker and click Modify. The associated entry screen appears.
3. Modify the Internal ID and/or DTC Number.
Note: Multiple internal IDs can map to the same long name/acronym/short name combination.
4. Click OK to save the information and return to the table screen or click Cancel to return to the table screen without saving it.
Copying an Internal Broker ID or DTC Number
You can copy an Internal ID and/or DTC Number of a table entry in the Equity Broker and Fixed Income
Broker tables.
To copy an Internal ID and/or DTC Number:
1. From the Tools menu, select the relevant table.
2. Select an existing broker, and then click Copy. The associated entry screen appears.
3. Enter the appropriate Internal ID and/or DTC Number.
Note: Multiple internal IDs can map to the same long name/acronym/short name combination.
4. Click OK to save the information and return to the table screen or click Cancel to return to the table screen without saving it.
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Table Backup and Restoration
Use the Backup command to save and restore the Accounts table.
Backing up OASYS Tables
Using the Backup function is not a complete database backup. To back up your database, use the OASYS
MSDE Utility in Start > All Programs > Omgeo OASYS.
To back up the OASYS tables:
1. Ensure that a folder is created in the backup location.
2. Select Backup from the Backup/Restore menu.
3. Specify the destination folder for the backup file.
Note: The default folder is the folder specified the last time the backup procedure was run. If this folder already contains a backup file, the backup procedure overwrites any data found in it.
Therefore, to save the previous backup folder location, either rename it or specify a different folder.
4. Click OK to run the backup and exit the screen or click Cancel to exit the screen without running the backup.
In a successful backup, the following backup files are put in the selected location.
Account.bck
Alloc.bck
Broker.bck
BrokerAdded.bck
BrokerOfCredit.bck
BrokerTranslation.bck
CycleEvent.bck
CycleModel.bck
ExportModel.bck
Features.bck
FeaturesTranslation.bck
FilterField.bck
FilterModel.bck
FramesConfig.bck
History.bck
Holiday.bck
ImportModel.bck
Institution.bck
InstitutionFields.bck
Omnibus.bck
Participant.bck
PurgeList.bck
RecordFormatFields.bck
RecordFormats.bck
RefCode.bck
RefIndex.bck
Schedule.bck
SortField.bck
SortModel.bck
SystemConfig.bck
TFSRefGen.bck
Trade.bck
UserConfig.bck
Version.bck
Restoring OASYS Tables
You can restore backed-up OASYS tables as long as the files are accessible locally or over your network.
Before you begin the restore, ensure that the tables have not been updated since the most recent backup.
To restore the OASYS tables:
1. Select Restore from the Backup/Restore menu and select either all of the tables or a single table for restoration.
2. Specify the destination folder that contains the backup file, using either the drop-down list or click Browse to locate the folder.
Click OK to run the restoration and exit the screen or click Cancel to exit the screen without running the restarting procedure.
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Omgeo OASYS—Version 7.0, August 6, 2013
30
P
ROCESSING
T
RADES
Introduction
This chapter describes how to create, edit, and send equity and fixed income trades.
Creating Equity Trades
To create an equity trade in OASYS, you can import block and allocation details or enter them manually.
You can also create, change, or view the information in the Block Details and Allocation Details screens and print various reports.
Note: For information about importing and exporting trades and models, refer to the Omgeo OASYS
Integration Guide. Also, remember that you must have an account in the Account table to create trades.
Required Equity Block Details Fields
The following fields are required in the equity Block Details screen:
• Security ID
• OASYS Broker or Executing Broker ID
• Asset Class
• Trans Type
• Security Type
• Trade Date
• Size
• Settle Date
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To enter equity block details:
.
1. Open the OASYS workstation
2. Do one of the following:
• Click the New Trade icon on the Trade Summary screen. Alternatively, press
[CTRL]+[N]
.
• Select New from the Trade menu.
The Block Details screen appears (Block Details Screen figure).
Block Details Screen
3. Select EQ in Asset Class drop-down list. Your selection determines the list of available security types in the Security Type field and broker/dealers in the OASYS Broker field.
4. Enter the block values.
Notes • Some fields in this screen are populated from OASYS tables. Ensure that these tables are up-todate before entering values. Until Price is entered, the trade status remains INCMPL. For more
information, see the Processing Stepouts and Stepins section.
• OASYS-TradeMatch Users: If your counterparty is an OASYS broker/dealer, it is recommended that you also enter a value in the Executing Broker ID field.
See also Custom CUSIP Identifier.
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5. Save the block, create the allocations for the trade, or click Cancel to return to the Trade Summary screen without saving the block details.
• If you choose to save the block, click OK. Your new trade appears on the Trade Summary screen with a status of NALLOC (not allocated). That status is maintained until you allocate all (100%) of the block and enter a price in the Price field.
• To continue with the allocation creation, click New to access the Allocation Details page.
Entering Equity Allocations
Before you can allocate a trade, ensure that an Account and Broker of Credit tables are configured to process the trade.
Required Equity Allocation Details Fields
You are required to enter values in the Size field and at least one of these fields:
• Name
• Account Code
• ALERT Access Code
For a full description of each equity Block Details screen field, refer to the Appendix.
To enter equity allocations:
1. Click New in the Block Details screen.
The Allocation Details screen appears.
2. Enter the allocation details.
3. Optionally, to set up tax lot information, select a Release Method from the drop-down list.
• Click New to display the Tax Lot Details screen.
• On the Tax Lot Details screen, enter the Purchase Price, Purchase Date, Tax Lot ID, and Release
Quantity.
• Click OK to save the data and return to the Allocation Details screen.
4. Click OK to save the allocations or click Cancel to close the screen without saving the information.
The new trade appears on the Trade Summary screen with a status of ALLOC (allocated). Allocate all
(100%) of the block before sending a trade to the OASYS host.
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Allocation Details Screen
Using the Broker of Credit Fields
Use the Broker of Credit section to identify, for example, the executing broker’s correspondent broker. For a stepout (equity trade only), identify the non-executing broker to whom a commission credit is due. Select a name in the Name field from the drop-down menu or type a name. The names on the drop-down menu are
the names entered in the Broker of Credit table. See Updating Equity Broker and Fixed Income Broker
Notes • To enable enrichment, a broker/dealer can supply Omgeo with a list of broker of credit names and a BIA number for each. OASYS can then enrich the trade with the BIA number by using this prefix. Enter the broker of credit name exactly as it appears on the Omgeo host.
• Always ask your counterparty for the appropriate broker of credit ID. Identify the broker of credit by their short name (that is, the OASYS acronym). If the broker of credit does not have an
OASYS acronym, the 4-letter market Participant ID (MPID) is used.
Optionally, you can enter the broker’s TradeSuite ID number in the ID field.
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Processing Stepouts and Stepins
Stepouts are for equity trades and fixed income trades. A stepout is a way to direct commission dollars from an executing broker/dealer to another broker/dealer called the stepin broker/dealer.
On the original trade allocation, you indicate whether it is a stepout and if it is for an OASYS or non-
OASYS broker/dealer. You can also filter the stepout allocation details from the stepin broker/dealer.
After the executing broker/dealer accepts the trade, OASYS automatically generates the stepin trade with the appropriate allocations. The allocations are generated for each OASYS broker/dealer and (for OASYS-
TradeMatch clients) non-OASYS stepin broker/dealer. The stepin trade appears on your Trade Summary screen with the status ALLOC.
Note: Stepins are generated for non-OASYS broker/dealers if you are an OASYS-TradeMatch client and the broker/dealer is a Depository Trust Company (DTC) client. These stepins are sent to
TradeMatch only.
Sending Stepouts to an OASYS Broker
To create a stepout trade:
1. In the Block Details screen, enter the Exec Brkr MPID.
2. In the Allocation Details screen, select the Stepout check box.
3. Verify that OASYS Broker is selected. The list for the Broker table is available in the Stepout To field.
4. Select a broker/dealer name from the Stepout To list.
5. Select a Stepin Brkr MPID from the drop-down list.
6. Optionally, enter a clearing number in the Clearing Number field and a code to indicate why the commission was allocated in the Commission Code field.
7. If you are an OASYS-TradeMatch client, you can:
• Enter the TM Stepout Broker ID (recommended)
• Matching only (optional)
8. Click OK to save your stepout or click Cancel to cancel it.
9. Repeat Steps 1 through 6 for each stepout allocation.
After all of the stepouts for your equity trade are entered, return to the Block Details screen. OASYS updates the screen by automatically selecting the Contains Stepouts check box.
10. To filter the stepout allocation details from the broker, verify that the Filter Stepout Allocation Details check box is selected.
Entering Stepouts for a Non-OASYS Broker/Dealer
You can indicate a stepout for a non-OASYS broker/dealer. However, OASYS only generates a stepin if you are an OASYS-TradeMatch client. In this case, the stepins are sent to TradeMatch only.
To enter a stepout for a non-OASYS broker/dealer:
1. In the equity Allocation Details screen, select the Stepout check box.
2. Clear the OASYS Broker check box.
3. Type a broker code in the Stepout To field.
4. Optionally, type a clearing number in the Clearing Number field, and then type the reason code for the commission in the Commission Code field.
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5. If you are an OASYS-TradeMatch client:
• Type a value in the TM Stepout Broker ID field.
• Click Matching Only. Select this field if the stepin is for a non-OASYS-broker/dealer and you want the trade sent to TradeMatch.
6. Click OK to save your stepout or click Cancel to cancel it.
7. Repeat Steps 1 through 6 for each stepout allocation.
After all of the stepouts for your equity trade are entered, return to the Block Details screen. OASYS updates the screen by automatically selecting the Contains Stepouts check box.
8. To filter the stepout allocation details from the broker, select the Filter Stepout Allocation Details check box.
Fields Related to Stepouts
The Stepout Field Descriptions table describes the fields related to stepouts.
Stepout Field Descriptions
Trade (Block) Level
OASYS Broker
Exec Brkr MPID
Executing Broker MPID#
Inst. Comments
Commission
Filter Alloc Details
(OASYS-TradeMatch only) The OASYS acronym of the executing/broker dealer. The investment manager can choose from a list of valid OASYS broker/dealers.
(OASYS-TradeMatch only) The TradeMatch ID of the executing broker/dealer. This field is required if the executing broker/dealer is a non-OASYS broker/dealer. It is optional, but recommended, for an OASYS broker/dealer.
The Market Participant identification number for the executing broker.
An optional field that you can use to type a comment on the trade.
The agreed-upon commission. The value is
.00000001
to
9.99999999
.
Indicates that the investment manager wants to filter the account details of stepout allocations from the executing broker/dealer. The default is
Y
.
Allocation Level
Commission Code
Hard/Soft
Commission
Broker of Credit Name
Broker of Credit ID
Stepout
Stepout To
Clearing Number
OASYS Broker
TM Stepout Broker ID
Stepin Ref#
A single alphanumeric character. The investment manager can use this field to give a reason code for their commission direction. The default is N for None. OASYS does not control the vocabulary of these codes as they differ greatly among investment managers.
H
(hard) or
S
(soft) dollar arrangement. If no choice is made, the value defaults to
H
.
The commission rate. The value automatically defaults to the commission entered in the Block Details (block level) screen. You can change the commission for each allocation.
A non-executing broker/dealer specified by the investment manager to whom commission credit is due.
The TradeMatch ID of the Broker of Credit. Entered by the investment manager.
Indicates whether an allocation is a stepout.
Identifies the broker/dealer who is stepping into the trade. OASYS automatically generates a stepin trade if the Stepout To field contains a valid OASYS acronym.
Identifies the clearing number of the stepin broker/dealer. Entered by the investment manager.
Indicates whether the broker/dealer in the Stepout To field is an OASYS broker/dealer.
The default is Y.
(OASYS-TradeMatch only) The TradeMatch ID of the broker/dealer in the Stepout To field.
A reference number associated with the stepin.
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Stepout Field Descriptions (Continued)
Trade (Block) Level
Matching Only
Stepout Comments
Stepin Broker MPID
(OASYS-TradeMatch only) Indicates that the stepin trade is sent to TradeMatch only.
Use to enter additional comments on the stepout. For example, you can use this field to enter codes used for ACT reporting.
The Market Participant Identification number for the stepin broker.
Entering Options Trades
OASYS option trades have the following features:
• Security ID field containing up to 21 characters
• Two security types: Options Contracts (OPC) and Options Shares (OPS)
• Complies with the Option Clearing Corporation Options Symbology Initiative
The Options trading section consists of two areas:
• Block Details
• Options Details
Options Trading: Block Details
To create an options trade:
1. Log in by entering your User ID and Password.
2. On the Active and Today screen, click the New Trade button. The Block Details screen displays.
3. Using the Asset Class drop-down, select the asset class.
4. Using the Trans Type drop-down, select the transaction type.
5. In the Size field, enter the block size.
6. In the Price field, enter the price per share.
7. Using the Security Type drop-down, select the security type.
8. Using the OASYS Broker drop-down, select your broker.
1
9. Enter the security ID in the Security ID field. The Security ID field contains up to 21 characters. The
Security ID format is:
• Ticker symbol: up to six upper-case letters, numbers, and spaces
• Trade date: enter in YYMMDD format
• C for Call, or P for Put
• Strike price: up to a five-digit integer, and a three-digit decimal
10. Enter or copy the security ID of the options into the Inst Cmnts (Institution Comments) field.
11. Click the Options button. The Option Details screen displays.
1.You can access Options Details if the broker you select is on an appropriate version of OASYS to receive the option fields.
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Options Trading: Options Details
To define options details:
1. Click the Options button. The Option Details screen displays.
2. Enter the security ID in the Security ID field; then copy the security ID to the Inst Cmnts field. The Using the Options Exchange drop-down, select the option exchange.
3. Using the Option Type drop-down, select call (C), or put (P).
4. In the Option Expiration Date field, enter the expiration date in DD-MMM-YY format.
5. Using the Option Delivery Type drop-down, select the delivery type; either CASH or PHYS (physical).
6. In the Option Premium Amount field, enter the option premium amount.
7. In the Option Strike Price field, enter the option strike price.
8. In the Option Details screen, click OK. You are returned to the Block Details screen.
9. In the Block Details screen, click OK.
The option block record is created, and displays in the Active and Today list. It is now ready to be allocated and sent to your broker/dealer counterparty.
Creating Fixed Income Trades
To create a fixed income trade in OASYS, you can import block and allocation details or enter them manually. You can also create, change, or view the information in the Block Details and Allocation Details screens.
Note: For information about importing and exporting trades and models, refer to the Omgeo OASYS
Integration Guide. Also, remember that you must have the Account table configured before you can create trades.
.Required Fixed Income Block Details Fields
The following fields are required in the equity Block Details screen:
• Security ID
• OASYS Broker or Executing Broker ID
• Asset Class
• Trans Type
• Security Type
• Trade Date
• Size
• Settle Date
For a full description of each fixed income Block Details screen field, refer to the Appendix.
To enter fixed income block details:
1. Open the OASYS workstation
2. Do one of the following:
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• Click the New Trade icon on the Trade Summary screen. Alternatively, you can press
[CTRL]+[N]
.
• Select New from the Trade menu.
The Block Details screen appears (Block Details Screen figure).
Block Details Screen
3. In the Asset Class drop-down list, select
FI
for Fixed Income. Selecting FI determines the list of available securities in the Security Type field and broker/dealers in the OASYS Broker field.
4. In the Security Type field, select the security. If you set a default security type on the Workstation Setup screen, the field is automatically populated.
If you selected TBA, see Sending TBA Trades for more information.
Notes • Some fields in this screen are populated from OASYS tables. Ensure that these tables are up-todate before entering values. Until Price is entered, the trade status remains INCMPL. For more
information about trade statuses, see Processing Stepouts and Stepins.
OASYS-TradeMatch Users: If your counterparty is an OASYS broker/dealer, it is recommended that you also enter the Executing Broker ID.
See also Custom CUSIP Identifier.
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Some fields in this screen are populated from OASYS tables. Ensure that these tables are up-todate before entering values. Until Price is entered, the trade status remains INCMPL. For more
information about trade statuses, see Processing Stepouts and Stepins.
6. Save the block, create the allocations for the trade, or click Cancel to return to the Trade Summary screen without saving the block details.
• If you choose to save the block, click OK. Your new trade appears on the Trade Summary screen with a status of NALLOC (not allocated). That status is maintained until you allocate all (100%) of the block and enter a price in the Price field.
• If you choose to continue with the allocation creation, click New to access the Allocation Details page.
Entering Fixed Income Allocations
Before you can allocate a trade, ensure that an Account and Broker of Credit tables are configured to
process the trade. For more information about those components, refer to Updating Broker of Credit,
Account, and Omnibus Account Tables.
Required Fixed Income Allocation Details Fields
You are required to enter values in the Size field and at least one of these fields:
• Name
• Account Code
• ALERT Access Code
For a full description of each fixed income Allocation Details screen field, refer to the Appendix.
To enter fixed income allocations:
1. On the Block Details screen, click New.
The Allocation Details screen displays (Allocation Details Screen).
2. Enter the allocation details.
Enter a value in the Original Face field and one of these fields:
• Name
• Account Code
• ALERT Access Code
3. Optionally, to set up tax lot information, select a Release Method from the drop-down list.
• Click New to display the Tax Lot Details screen.
• On the Tax Lot Details screen, enter the Purchase Price, Purchase Date, Tax Lot ID, and Release
Quantity.
• Click OK to save the data and return to the Allocation Details screen.
4. Click OK to save the allocations or click Cancel to close the screen without saving the information.
The new trade appears on the Trade Summary screen with a status of ALLOC (allocated). Allocate all
(100%) of the block before you can send a trade to the OASYS host.
For information about using the Broker of Credit fields, refer to Using the Broker of Credit Fields.
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Allocation Details Screen
Custom CUSIP Identifier
Both equity and fixed income trades use a custom or user-defined CUSIP identifier. You can identify the custom CUSIP manually on the workstation screen or in your import file. If the CUSIP is a custom identifier, either do not add a CUSIP field value to your block record format or leave it blank.
Note: If you are an Omgeo TradeMatch client, enter a CUSIP to minimize errors. See Custom CUSIP
Valid CUSIP Characters
The Valid CUSIP Characters table describes the allowed and disallowed CUSIP Characters.
Valid CUSIP Characters
Allowed
The letters a-z, A-Z, the numbers 0-9, and the following special characters:
- / ( ) . , + ? <space> @
% >< _ & #
Disallowed
Tabs, control characters, new lines, form feeds (non-printing characters), and the following special characters:
:
(colon) and
;
(semi-colon).
It is suggested that you not use single-quotes (‘) or double-quotes (“) in the
CUSIP field because they can cause difficulties when searching for values.
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To enter a custom CUSIP:
1. On the Block Details screen, type the custom CUSIP in the CUSIP field.
If the broker/dealer submits the same custom CUSIP identifier, the allocation can match.
2. Select the Custom CUSIP checkbox.
Sending TBA Trades
You can select TBA (To Be Announced) as a fixed income security type and indicate whether the trade includes stipulations. Only OASYS 5.0 (and later) broker/dealers can receive TBA trades.
To select a TBA security type:
1. In the Trade Summary screen, select Trade/New.
2. In the Asset Class field, select FI.
3. In the Security Type field, select TBA.
The Stipulations button (on the right) is activated.
4. Enter the block details.
See the Omgeo OASYS Fixed Income Code of Practice at http://www.omgeo.com
for more information on how to populate the trade.
5. Click Stipulations.
The Stipulations dialog box appears (Stipulations Dialog Box figure).
Stipulations Dialog Box
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The Stipulations Fields table describes the Stipulations dialog box fields.
Stipulations Fields
Value
One Pool Per Million
1 Pool 1 Piece
Max Pools Per 100 Million
Other Stipulations
Description
Indicates that the trade stipulation is $1 million of face amount at the block level.
Indicates there is only one pool for the TBA, up to the federal delivery maximum of $50 million for one pool.
Indicates the maximum number of pools that can be delivered on the TBA for each 100 million.
For example, 05 pool maximum on a $100 million TBA.
A text field to describe a non-standard stipulation.
Working With Trades
You can edit a trade before it has been sent to the OASYS host or after it has been rejected and returned. In other words, you can edit a trade when the status is:
• INCOMPL
• NALLOC
• ALLOC
• DUPL
• REJECT
Deleting and Canceling Trades
You can delete a trade before it has been sent to the OASYS host.
After a trade has been sent to the OASYS host, you cannot delete it. Instead, you can cancel the trade, but only if you have not yet received an ACCEPT from the broker/dealer.
Deleting a Trade
You can only delete a trade before it is sent to the OASYS host. If the trade has already been sent to the host, you can only cancel it.
To delete a trade:
1. In the Trade Summary screen, select the trade you want to delete
2. Select Delete on the Trade menu. Alternatively, you can press
[DEL]
key.
3. If you are prompted to verify your decision, click Yes and press Enter.
Note: You are prompted to verify trade deletion only if your workstation system properties are set to confirm delete.
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Canceling a Trade
You can cancel a trade that has been sent to the OASYS host until you receive an ACCEPT or REJECT from the broker/dealer. However, if the trade has not been sent to the host, it can be deleted.
To cancel a trade:
1. In the Trade Summary screen, select the trade you want to cancel, and then do one of the following:
• Click the Cancel icon on the Trade Summary screen. Alternatively, you can press
[DEL]
key.
• Select Cancel from the Trade menu.
The Cancel Trade Comments dialogue box appears.
2. Optionally, add a comment or edit the existing comment.
3. Click Yes to save the comment and return to the Trade Summary screen. Otherwise, or click No to stop the cancellation, return to the Trade Summary screen, and retain the original comment, if any.
Once the broker/dealer’s workstation receives the canceled trade, the status changes to CNCLD on your workstation display.
Viewing and Modifying Block Details
Modify a block only before the associated trade has been transmitted to the OASYS host or after it has been rejected and returned.
To modify block details:
1. In the Trade Summary screen, double-click the trade you want to view and change.
2. In the Block Details screen, navigate among the data fields to make your changes.
3. Click OK to save the trade details, or click Cancel to return to the Trade Summary screen without saving the details.
Viewing and Modifying an Allocation
You can modify an allocation before the associated trade has been transmitted to the OASYS host, or after it has been rejected and returned.
To modify an allocation:
1. In the Trade Summary screen, double-click the trade containing the allocations you want to view and change.
2. In the Block Details screen, select the allocation and click Modify.
3. In the Allocation Details screen, navigate among the data fields to make your changes.
4. Click OK to save the changes or click Cancel to return to the previous screen without saving the changes.
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Duplicating a Trade
If you are entering similar trades, use the Duplicate command to copy an existing trade into a new trade, and then edit it.
To duplicate a trade:
1. In the Trade Summary screen, select the trade to copy, and then select Duplicate from the Trade menu.
Alternatively, you can press
[CTRL]+[Y]
key.
• All values, except Brkr Comment and Reference Number, are copied into the new trade
• OASYS supplies the next available increment values to the Brkr Comment and Reference Number fields.
• OASYS sets the status of the new trade to DUPL.
2. If the trade is fully allocated and you have made all of your changes, either click OK or mark the copied trade as READY.
The status changes either to ALLOC or to READY, depending on whether your system uses the Auto
Ready feature. If the trade is not fully allocated, edit and complete it.
Note: If you open a trade that is not fully allocated and click OK, the status changes to NALLOC. If the trade has no price, the status changes to INCMPL. Complete the trade before marking it as
READY and sending it to the OASYS host
Deleting an Allocation
You can delete an allocation before OASYS transmits the associated trade to the host or after OASYS returns the allocation as a reject.
To delete an allocation:
1. In the Trade Summary screen, double-click the trade containing the allocation you want to delete.
2. In the Block Details screen, select the allocation.
3. Click Delete. You are prompted to verify trade deletion only if your workstation’s system properties are set to confirm the trade deletion.
Sending Trades
The OASYS workstation is configured to send trades as soon as they are READY. If your workstation is not connected to the OASYS host, READY trades are sent during the next scheduled session with the host.
Refer to Scheduling Events for more information about scheduling trade uploads to the host.
To send a trade immediately, select Connect from the File menu and, upon connection to the OASYS host, the READY trades are sent. Alternatively, you can press
[F7]
.
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Marking a Trade as READY
Perform these steps if your system is not configured to use the Auto Ready feature.
To mark a trade as READY:
1. In the Trade Summary screen, select the trade.
2. Click Ready on the Trade menu. Alternatively, you can press
[CTRL+S]
.
When the trade’s status changes to READY, a purple circle icon appears on the left side of the trade.
The icon indicates that the trade is waiting for transmission to the OASYS host. If the workstation is connected, the trade is sent immediately.
If the workstation is not connected to the OASYS host:
• Click Connect on the File menu to send the trade immediately, or
• Wait for the workstation to send the trade during the next scheduled session with the OASYS host.
Reversing the READY Status of a Trade
To reverse the READY status of a trade:
1. In the Trade Summary screen, select the trade to reverse.
2. Click Undo Transmit Status on the Trade menu. Alternatively, you can press
[CTRL]+[T]
.
The trade status changes from READY back to ALLOC, making it untransmittable.
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I
MPORTING AND
E
XPORTING
Introduction
This chapter outlines the process of integrating the OASYS workstation with your in-house trading system.
What You Need to Do
OASYS offers you the option of automatically importing trade data to and exporting data from the OASYS workstation. To automate these processes:
• Decide which type of interface you want to create: a one-way interface for importing data, or a twoway interface to import and export data.
• Decide which of following actions to take:
• Specify the field order in the import and export files (OASYS message format), or
• Use a fixed format (OASYS 3.5 message format).
• Use the OASYS workstation to set up the record formats (OASYS format only), import/export models, and, optionally, the Scheduler.
Then you can import and export the data. Read this chapter for a brief overview of how to set the import and export processes on the OASYS workstation. For more information, see the Omgeo OASYS Integration
Guide.
Note: You can export an allocation when the TradeMatch status changes. If the Export Model is set to
Export Modified Trades Only, the workstation exports the allocation when either the OASYS or
TradeMatch status changes.
Setting Up Import and Export Record Formats
To specify the field order in the import and export files, you create the import and export records on the
OASYS workstation. A record format shows the fields in a file and their sequence.
Note: When you set up an Import or Export Model, you indicate that you are using the OASYS message format.
For a trade in OASYS, you create one record for the trade block, and another for its allocations. The fields required depend in part on your role in the trade and whether you are importing or exporting data.
To create an import or export block record format, you select one of the following menu items to open the
Record Formats List screen:
• File/Import/Block Record Formats
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• File/Import/Allocation Record Formats
• File/Export/Block Record Formats
• File/Export/Allocation Record Formats
When you first open the Record Format Lists screen, it does not contain any record formats ().
Record Formats List Screen
are required and which must be in a certain order. On the left, there is a list of the fields you can add.
Import Block Record Format Screen
Except for the few required fields at the beginning of each record, you can arrange the record fields in any order. You can use either a comma or tab to separate the fields.
There is no limit to how many OASYS import/export record formats you set up or how many records can be in an import/export file. However, all record formats must meet certain requirements. For example, each record in a record format category must have a unique name. So you cannot use the same name for two different Import Block record formats. You can, however, use the same name for an Import Block and
Import Allocation record format.
For more information on the requirements and setting up the record formats, refer to the Omgeo OASYS
Integration Guide.
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Setting Up the Import and Export Models
After you create your trade and allocation record formats, you can set up your OASYS workstation import and export models. An import model establishes the parameters for a process that imports data into OASYS.
An export model establishes the parameters for a process that exports data from OASYS. To set up these models, name the import/export files and folders, and select the data format. For the import files, set up the import logs and folders.
The settings of the import and export models become the defaults for importing and exporting data.
Although you can change these settings at any time, we recommend that you carefully review your requirements before you do so.
To create your import models, you use these screens which are available from the Tools menu:
•
you can press
[CTRL]+[I]
.
Import Models Screen
•
Import Model Entry ( on page 49), to create or modify an import model. On the Data tab, select
either OASYS or OASYS 3.5 message format.
Import Model Entry Screen
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To create your export models, you use these screens which are available from the Tools menu:
•
you can press
[CTRL]+[E]
.
Export Models Screen
•
Export Model Entry (), to create or modify an export model
Export Model Entry Screen
You can also use a Filter Model refine an export. For example, you can create a Filter Model for all accepted trades. If you select Export Modified Trades Only on the Export Model Entry screen (Data page), OASYS exports only trades modified since your last export.
Importing and Exporting Files
In addition to setting up the Omgeo OASYS workstation models, decide whether you want to transfer data
manually or automatically. For a manual transfer, select an option from the File menu ().
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Import Command on the File Menu
To import and export automatically, you use the Scheduled Event tool on the Tools menu. Using this tool, you can also schedule the following events:
• A purge of import and export files
• An override of the scheduled connection times on the Connection Configuration screen
• The execution of a program that is external to OASYS.
See Scheduling Events for an overview of the Scheduled Event tool. Refer to Omgeo OASYS Integration
Guide for details on how to use the tool specifically for imports and exports. This guide also explains how to examine and troubleshoot the import/export session.
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S
EARCHING FOR
T
RADES
Introduction
This chapter describes how to search for trades.
About Searching for Trades
You can search for trades several ways:
• One-time or recurring search scheduling
• Filtered searches using the filter model
• Sorted searches results using the sort model
Running One-Time and Recurring Searches
To perform a one-time search:
1. Select Quick Filter on the Tools menu. Alternatively, you can press
[F2]
.
The Quick Filter screen appears (Quick Filter Screen figure).
Quick Filter Screen
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2. Enter the appropriate data in the following criteria fields:
• Security
• OASYS Broker
• Transaction
• Select Security Type (All Equity Securities, All Fixed Income Securities, or Specific Security Type)
• Trade Status
• Trade Date
• Reference #
3. To clear the screen and start over, click Clear.
4. After entering your criteria, click Apply or OK to apply the filter.
5. The Trade Summary screen displays the trades that meet your criteria. If no trades meet your criteria, the
Trade Summary screen is blank
Tip: Using Apply keeps the screen open to create another Quick Filter. Return the Trade Summary screen to its original view by clicking Defaults, and then Apply or OK.
Working with Filter Models
Filter models enable you to filter trades based on the specific criteria.
Creating a Filter Model
1. Select Filter Models on the Tools menu.
2. In the Filter Models screen, click New.
The Filter Model Entry screen appears (Filter Model Entry Screen figure).
Filter Model Entry Screen
3. Specify a model name in the Model Name field and, optionally, type a description in the Model Description fields.
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4. Add a criterion by supplying values in the criteria specification fields:
• Field Name
• Operator
• Value
5. Click Add to move the criterion to the display window.
Note: The Second Value field appears if you select
Between
as the operator.
6. Repeat this step until you have entered all the criteria for your search.
7. If you add a criterion and want to edit it, select it in the display window. Then, modify the values in the criteria specification fields. To delete a criterion, select it in the display window, and click Delete.
8. Click OK to save the new filter model and return to the Filter Model screen. Click Cancel to exit and return to the Filter Model screen without saving the filter model.
9. Click Apply in the Filter Model screen to perform a search with your new filter model.
Modifying a Filter Model
1. Click Filter Models on the Tools menu.
2. In the Filter Models screen, select a filter model and click Modify. The Filter Model Entry screen appears.
3. Make the required changes to the model.
4. Click OK or click Cancel to exit the screen and return to the Filter Models screen.
Copying a Filter Model
1. Click Filter Models on the Tools menu.
2. In the Filter Models screen, select a filter model and click Copy. The Filter Model Entry screen appears.
3. Make the required changes to the model.
4. Click OK or click Cancel to exit the screen and return to the Filter Models screen.
Deleting a Filter Model
1. Click Filter Models on the Tools menu.
2. In the Filter Models screen, select a filter model.
3. Click Delete.
4. Click OK to confirm the filter model deletion or click Cancel to exit the Filter Models screen.
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Creating a Sort Model
Sort models enable you to sort trade record primary and secondary fields automatically by ascending and descending order.
To create a sort model:
1. Select Sort Models from the Tools menu. The Sort Models screen appears.
2. Click New. The Sort Model Entry screen appears (Sort Model Entry Screen figure).
Sort Model Entry Screen
3. Specify a model name in the Model Name field and, optionally, a description in the Model Description field.
4. In the Primary Sort Field, select a field from the drop-down list, and then select the Ascending or Descending option button.
5. Optionally, in the Secondary Sort Field, select a field from the drop-down list, and then select the Ascending or Descending option button.
6. Click OK to save the new sort model and return to the Sort Model screen. Click Cancel to exit and return to the Sort Model screen without saving the sort model.
7. Click Apply in the Sort Model screen to perform a sort with your new sort model.
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S
CHEDULING
E
VENTS
Introduction
This chapter describes task and event scheduling and how to control them in OASYS.
About Scheduling Events
OASYS enables you to program your workstation to perform various tasks at specified times with the
Schedule Events tool, also called the Scheduler. You can run tasks or events, either as independent actions or as a sequence of actions.
Using the Scheduler
The Scheduler also allows you to view, manipulate, and print basic schedule processes.
Viewing Scheduled Events
To view scheduled events:
1. Open the Trade Summary screen.
2. Select Scheduled Events from the Tools menu.
The Scheduled Events screen appears (Scheduled Events Screen figure).
3. Look at the values in the Next Scheduled Event and Time fields located at the top of the screen to determine the scheduler timeframe. All times in this screen are shown in a 24-hour format.
Printing Scheduled Events
To print a list of scheduled events:
1. In the Scheduled Events screen, select Scheduled Events from the Tools menu. The Scheduled Events screen appears.
2. Click Print.
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Scheduled Events Screen
Disabling the Scheduler
There can be occasions when you are required to suspend all scheduler operations.
To disable the scheduler:
• In the Scheduled Events screen, select the Disable Scheduler check box.
Halting and Restarting a Running Event Process
There can be occasions when you are required to halt, and then restart, an event running in the scheduler.
To halt a running event process:
1. Select Scheduled Events from the Tools menu. The Scheduled Events screen appears.
2. Select the event.
3. Click Stop Process.
To restart a stopped event process:
1. Select Scheduled Events from the Tools menu. The Scheduled Events screen appears.
2. Select the event.
3. Click Run Process.
Disabling and Enabling an Event Process
Disabling an event process removes the event from the scheduler, but does not delete it.
To disable an event process:
1. Select Scheduled Events from the Tools menu. The Scheduled Events screen appears.
2. Select the event.
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3. Click Disable Process—the button changes to Enable Process.
To enable an event process:
1. Select Scheduled Events from the Tools menu. The Scheduled Events screen appears.
2. Select the event.
3. Click Enable Process—the button changes to Disable Process.
Deleting an Event Process
• In the Scheduled Events screen, select the event process you want to delete, and then click Delete.
Scheduling New Events
You can schedule a range of events including configured connection time overrides, external process executions, and import/export activities.
Note: To learn more about import/export record and model purge procedures, refer to the Omgeo
OASYS Integration Guide.
.To schedule new events:
1. Select Scheduled Events from the Tools menu. The Scheduled Events screen appears.
2. In the Scheduled Events screen, click New. The Scheduled Event Entry screen appears.
From this screen, schedule the following:
• Recurring or one-time override of connection times
• Recurring or one-time execution of external processes
• Recurring or one-time record and model imports
• Recurring or one-time record and model exports
• Import and export file purging
Scheduling a Connection Time Override
By default, OASYS is configured to connect to each workstation every 30 minutes. All times are in the 24hour format.
To schedule a one-time or recurring connection time override:
1. Select Scheduled Events on the Tools menu. The Scheduled Events screen appears.
2. In the Scheduled Events screen, click New. The Scheduled Event Entry screen appears.
3. Click the Connect tab. The Connect sheet appears (The Connect Sheet figure).
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The Connect Sheet
4. In the Hangup Delay field, specify the idle time, in minutes and seconds, after which the link to the
OASYS host is automatically terminated.
During overlapping periods, connection information in this field overrides information entered in the
Connection Configuration screen except when this field is blank. In this case, the value defaults to the value in the Connection Configuration screen.
Note: Refer to Configuring the Connection to the Host for more information about the Connection
Configuration screen.
5. Do one of the following:
• One-time connection override—Click the One Time option button. Specify the time for the connection override in the Time field.
• Recurring override—Click the Recurring option button. Specify the start and end times for the connection override in the Active Time Range field.
6. Click OK to add the connection override to the schedule and exit the screen or click Cancel to exit the screen without adding it.
Scheduling an External Process Execution
Use the External Process property sheet to run an executable or batch (
.bat
) program external to OASYS.
All times are in the 24-hour format.
To schedule a one-time or recurring external process execution Override:
1. In the Scheduled Events screen, click New. The Scheduled Event Entry screen appears.
2. Click the External Process tab. The External Process sheet appears (External Process Sheet figure).
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External Process Sheet
3. Specify the file name of the external process in the File Name field. Do not include the file path, just the file name.
Note: If the file name of the external process contains a space, enclose the file name in quotation marks.
4. Do one of the following:
• One-time connection override—Click the One Time option button. Set the time of execution of the external process in the Active Time Range field.
• Recurring override—Click the Recurring option button. Specify the start and end times for the execution of the external process in the Active Time Range field.
5. Click OK to add execution of the external process to the scheduler and exit the screen. Click Cancel to exit the screen without adding the process.
Purging Import and Export Files
OASYS purges import and export files by checking a specified set of import and export models and deleting all appropriate files and logs.
Note: Purging works properly only if you selected the Use File Dating check box on the Import and
Export Model Entry screens. OASYS finds only those files that meet the purge criteria when it performs a purge.
Otherwise, OASYS continues to add records to the file, filling up your disk space. To prevent this condition, develop a routine for cleaning up the files in these folders. Determine settings based on the frequency of imports and exports, system disk space, and other contingencies.
To purge import and export files:
1. In the Scheduled Events screen, click New. The Scheduled Event Entry screen appears.
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Purge Import/Export Files
3. Specify the number of calendar days after an import/export of files on which to purge in the Purge Files
After ... Calendar Days field.
4. Specify the time to execute the purge in the Time field.
5. In the Import and Export Models display window, select the model files to purge. Click Add to move it to the Purge List display window. Repeat this step until you have moved all of the import and export purge models to the Purge List display window.
Note: If necessary, move models from the Purge List display window back to the Import and Export
Models display window by selecting them and clicking Remove. The Add button changes to the
Remove button when your cursor is in the Purge List display window.
6. Click OK to add the purge to the schedule and exit the screen or click Cancel to exit the screen without adding it.
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C
REATING
R
EPORTS AND
H
ISTORIES
Introduction
This chapter describes how to create reports and view histories of OASYS activity.
About Creating Trade Reports
You can create reports for:
• Trades
• Imports/exports (refer to Omgeo OASYS Integration Guide)
• (OASYS-TradeMatch) TradeSuite statuses
• (OASYS-TradeMatch) TradeSuite errors
Printing Reports
You can print trade reports from the Trade Reports screen for:
• Selected trades
• All trades in a filter
You can access the Trade Reports screen from the Trade Summary screen in three ways:
• Select Reports on the Tools menu, and then Reports.
• On the Block Details screen, click Print.
• Press F6.
Printing Reports for Selected Trades
You can print reports for one or multiple trades.
To print selected trade reports:
1. On the Trade Summary screen, select the trades for which you want to print reports.
2. To select consecutive trades, click the first item. Then, while pressing and holding
[SHIFT],
click the last item. To select trades that are not consecutive, press and hold
[CTRL]
, and then click each item.
3. Select Reports from the Tools menu, and then Trade. Alternatively, you can press
[F6]
. The (Institution)
The Trade Reports dialogue box appears.
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Trade Reports Dialog Box.
4. In Active Models (top of page), select the Filter and Sort field functions as follows:
• Filter — A filter used to narrow the number of trade reports (the default is Active and Today). To choose a different filter on the Filter Models screen, select Filter Model on the Tools menu.
• Sort — A sort order for the selected trades. To choose a different sort order on the Sort Models screen. select Sort Models on the Tools menu.
5. In Range to Print, select Selected Trades.
Formats, for a description of each format.
7. Click Go to view the selected reports.
Note: Click Go before clicking Print, or an error occurs.
8. Click Print to display the Print screen, and then click Print to print the report.
9. To change the size of the font or the default report format, open the System Properties screen and make the required changes.
Printing Filtered Trade Reports
You can print reports for filtered trades.
To print filtered trade reports:
1. Select Trade from the Tools menu, and then Trade Reports. The Trade Reports dialogue box appears.
2. In Active Models (top of page), check the Filter and Sort options:
• Filter — A filter used to narrow the number of trade reports (the default is Active and Today). To choose a different filter on the Filter Models screen, select Filter Model on the Tools menu.
• Sort — A sort order for the selected trades. To choose a different sort order on the Sort Models screen. select Sort Models on the Tools menu.
3. In Range to Print, select All Trades in Filter.
4. In the Report Format, select the report you want.
5. Click Go to view the selected report
Note: Click Go before clicking Print, or an error occurs.
6. Click Print to display the Print screen, and then click Print to print the report.
7. To change the size of the font or default report format, go to the System Properties screen.
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Printing a Trade Report from Block Details Screen
From the Block Details screen, you can open the Block Reports screen and print a trade report for the selected trade.
To print a trade report from Block Details screen:
1. On the Trade Summary screen, double-click a trade to open the Block Details screen.
2. Click Print. The Trade Reports screen opens and displays the Trade and Allocation Detail Report for the selected trade.
3. The default report format is Trade and Allocation Detail. You can, however, select a different report format.
See the next section, About Report Formats, for a description of each format.
4. Click Print to display the Print screen, and then click Print to print the report.
About Report Formats
On the Trade Reports screen, you can select one of the following report formats described in Report
Formats table. Select one of these formats as the default on the System Properties screen.
Report Formats
Table Format
Trade Summary Line
Trade and Allocation Short Report
Trade and Allocation Summary
Trade and Allocation Detail
Description
A summary of the selected trade blocks, including general trade information fields and the date the trade was accepted or rejected.
A summary of all trade blocks and their allocations, including general trade and allocation information fields.
Details on all trade blocks selected (or in the filter) and a summary of their allocations. Includes general trade and allocation fields, institution, and broker comments and TradeMatch fields.
Details on all trade blocks and their allocations, including the Stepout To and TM Stepout Broker
ID.
Changing Report Font Size
You can change the font size for reports to optimizing the print output.
To change a report font size:
1. Select System Properties from the Tools menu. The System Properties screen appears.
2. Open the Settings tab.
3. In Default Report Font Size, select one of these sizes:
• Smallest
• Smaller (default)
• Medium
• Larger
• Largest
4. Click OK to save your changes.
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Printing Trade History
You can display and print a selected trade history:
To view and print a selected trade history:
1. On the Trade Summary screen, select a trade. Alternatively, you can press
[F8]
.
2. Select History from the Trade menu. The Trade History screen, containing the trade report, appears.
3. Click Print to print the trade history or click Cancel to exit the screen without printing it.
Printing Import/Export Reports
Use the Import/Export reports tool when you expect to see trades imported, and they do not appear on your workstation. You can quickly scan the general information in the report to identify the problem.
Note: Export reports are not available when using the OASYS message format.
The reports include:
• Summary of last import
• Import log report
To print an import/export report:
• On the Import/Export Reports screen, click OK and then click Print on the Print screen.
About Creating TradeSuite Status Reports
You can use the TradeSuite Status report to view and print reports for the following statuses:
• Unmatched
• Matched
• Stopped Match
• Stop Match Failed
You can print reports for all trades or selected trades.
Printing TradeSuite Status Reports for All Trades
1. Select Reports from the Tools menu, and then TradeSuite Status. Alternatively, you can press
[F9]
. The
TradeSuite Status Report dialogue box appears.
2. In Range To Print, select All Trades.
3. In Report Type, select the type of report you want to print.
4. Click Go to view the selected report.
Note: Click Go before clicking Print, or an error occurs.
5. Click Print to display the Print screen, and then click Print to print the report.
6. To change the size of the font or default report format, open the System Properties screen and specify different settings.
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Printing TradeSuite Status Reports for Specific Trades
1. On the Trade Summary screen, select the trades you want to print.
2. To select consecutive trades, click the first item. While pressing and holding
[SHIFT]
, click the last item.
To select trades that are not consecutive, press and hold
[CTRL]
, and then click each item.
3. Select Reports from the Tools menu, and then TradeSuite Status. The TradeSuite Status Report dialogue box appears.
4. In Range To Print, select Selected Trades.
5. In Report Type, select the type of report you want to print.
6. Click Go to view the selected report.
Note: Click Go before clicking Print, or an error occurs.
7. Click Print to display the Print screen, and then click Print to print the report.
8. To change the size of the font or default report format, open the System Properties screen and specify different settings.
About Creating TradeSuite Error Reports
You can use the TradeSuite error report to view and print the following types of reports:
• All trades
• Selected trades
The error report also creates a comma-separated value (
.csv)
file on the
C:\ drive
.
Printing TradeSuite Error Reports for All Trades
1. Select Reports from the Tools menu, and then TradeSuite Errors. Alternatively, you can press
[F11]
. The
TradeSuite Error Report dialogue box appears.
2. In Range To Print, select All Trades.
3. In Report Type, select the type of report you want to print.
4. Click Go to view the selected report.
Note: Click Go before clicking Print, or an error occurs.
5. Click Print to display the Print screen, and then click Print to print the report.
The report is also copied to a .
csv
file in the OASYS 5.0 installation folder.
6. To change the size of the font or default report format, open the System Properties screen and specify different settings.
Using the .csv File
The TradeSuite Error Report creates a
.csv
file that you can open in a spreadsheet program such as
Microsoft
®
Excel
®
or import to other programs.
Resolving TradeSuite Errors
To resolve TradeSuite Errors, contact Omgeo Client Support. See the OASYS TradeMatch Service Guide for more information.
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68
U
SING
O
MGEO
OASYS-T
RADE
M
ATCH
Introduction
This chapter describes how to use the Omgeo OASYS-TradeMatch Service.
Description of the OASYS-TradeMatch Service
Omgeo OASYS integrates trade processing with trade comparison for OASYS-TradeMatch clients. You can use OASYS to send equity and fixed income trades to broker/dealers. After the trade is accepted,
OASYS-TradeMatch automatically submits it to Omgeo TradeMatch. You no longer have to re-enter and resubmit trades.
You can also send the trade (and/or a stepin trade) exclusively to TradeMatch, whether the broker/dealer is an OASYS or non-OASYS broker. Trades for non-OASYS broker/dealers are sent only to TradeMatch.
Providing the CUSIP
To minimize edit errors and optimize results from the OASYS-TradeMatch Service, follow these protocols for equity and fixed income trades.
• Equity Trades
For equity trades, provide a valid ticker symbol or CUSIP in the OASYS Security ID field to identify the traded security. This field must not contain any other data and must be supplied in upper case letters.
If a ticker symbol is supplied, the ticker symbol is translated into the CUSIP of the security. The ticker symbol is compared to the CUSIP on broker trade input in TradeMatch. If the Security ID field is not identified as or translated into a valid CUSIP, the OASYS allocation input is edit rejected.
• Fixed Income Trades
For fixed income trades, provide a valid CUSIP in the OASYS CUSIP field to identify the traded security. The CUSIP field must not contain any other data and must be supplied in upper-case letters.
The ancillary field data is in addition to any required security information provided in the Security ID field. The CUSIP is compared to the CUSIP on broker trade input in TradeMatch. If the CUSIP is not valid, the OASYS allocation input is edit rejected.
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Omgeo OASYS Fields Used for Matching
You can populate all of the required and optional fields used for matching in OASYS. Most fields required for matching are also required in OASYS or, if optional — and blank — determined by the OASYS host or
Omgeo TradeSuite.
The OASYS Fields Used for Matching table lists the OASYS fields that are required (R), optional (O), or conditional (C) for matching. The table also indicates if OASYS requires the field and the corresponding field name in TradeMatch. The fields are for both equity and fixed income trades, except where noted. For a complete description of the fields used by TradeMatch, see the Omgeo OASYS-TradeMatch Service Guide.
OASYS Fields Used for Matching
OASYS Field Required/Optional/
Conditional
TradeMatch Uses Comments
Block
Trans Type
Settlement Date
R
O
Side (Buy/Sell)
Settlement Date
Security ID
Executing Broker ID
R
C
Submitting Institution ID O
Security Identifier
Number
Broker-Dealer ID # or Executing Broker/
Dealer Clearing Broker
Institution ID #
Validated in OASYS. Settlement Date
If blank, OASYS calculates the value
(trade date + 3 business days).
Not validated in OASYS. May be ticker or
CUSIP. In TradeMatch, the ticker is translated to CUSIP and validated.
Validated in OASYS. Value can be different than the ID on the allocation. If blank, the
OASYS host tries to retrieve it from ALERT or the OASYS client configuration.
Required for non-OASYS broker/dealer.
Validated in OASYS. Value can be different than the ID on the allocation. If blank, the
OASYS host tries to retrieve it from ALERT or the OASYS client configuration.
Required for non-OASYS broker/dealer.
Allocation
Settlement
Location
O Settlement
Location
Institution ID O Institution ID #
Validated in OASYS. The settlement locations are:
• BRC - Broker Custody
• DTC - Depository Trust
• FED - Federal Reserve Bank
• US - United States
• EUR - Euroclear
• CDS - Canadian Depository
• CED - Clearstream
If blank, the OASYS host determines the location.
Validated by OASYS.
If blank, the OASYS host tries to retrieve it from ALERT or OASYS client configuration. Value can be different than the ID on the block.
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OASYS Fields Used for Matching (Continued)
OASYS Field
Agent ID
Required/Optional/
Conditional
O
TradeMatch Uses
Agent ID#
Comments
Net Amount
Size
O
R
The OASYS Fields Optional for Matching table lists those OASYS fields that are optional for matching.
OASYS Fields Optional for Matching
OASYS Workstation /
Direct Field
Block
Required by
OASYS
Price R
Trade Date O
Security Type R
Net Settlement
Amount
Shares/Face
Value
TradeMatch Uses
Trade Date
Security Type
Validated by OASYS.
If blank, the system tries to retrieve it from ALERT or Omgeo SID.
If blank, TradeSuite calculates the value.
Comments
If blank, OASYS uses the import date.
Type of equity or fixed income financial instrument such as SHP (preferred shares) and MBS (mortgage-backed securities).
Allocation
Account Code C
Agent Internal
Account
BIA#
SEC Fees
C
O
O
Institution Internal
Account #
Agent Internal
Account #
Broker Internal
Account Number
If blank, the system tries to retrieve it from ALERT or SID.
Retrieved from ALERT by the OASYS host if
ALERT access code identified. If the allocation is sent without the BIA,
TradeSuite retrieves it from SID.
If blank, calculated by TradeSuite.
Country Tax
Local Tax
Other Charges
Principal
Commission
O
O
O
O
O
SEC/Registration/
Shipping Fees
Country Tax
Local Tax
Other Charges
Principal Amount
Commission Fee
If blank, calculated by TradeSuite.
Accrued Interest-Discount
(fixed income only)
TM Stepout
Broker ID (stepout for equity only)
O
C
Interest
Broker-Dealer ID #
(on stepin trade)
Validated by OASYS host. Value used in
Executing Broker ID field on stepin trade.
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Omgeo OASYS and OASYS-TradeMatch Security Types
FNR
FPA
FRM
GMR
FFI
FIN
FMR
FNM
GNM
ITS
MBS
MMT
CSH
CWR
DFI
EQU
COM
CON
CPN
CPP
CER
CMO
COB
COD
ABS
ADR
AGS
BAS
The Omgeo OASYS and TradeMatch Security Types table lists the OASYS security types and corresponding TradeMatch security types. It also indicates if the security type receives enrichment. For example, BIA#, Agent ID, and Agent Internal Account Number from ALERT.
Enrichment can be obtained from the Standing Instructions Database (SID) for security types that do not settle at the DTC by doing the following:
• Supply the Institution ID in OASYS or the OASYS client profile.
• Ensure that the account information is in SID.
An asterisk (*) in the BIA Enrichment column of the Omgeo OASYS and TradeMatch Security Types table indicates that the security receives BIA enrichment if the BIA cross-reference uses ALL as the security.
To help you quickly locate equity or fixed income securities, equities are shaded.
Omgeo OASYS and TradeMatch Security Types
OASYS Security Type TradeMatch Security
Type
Security Type
Name
*
X
BIA Enrichment Additional
ALERT
Enrichment
*
X
FNR
FPA
FRM
GMR
FFI
FIN
FMR
FNM
GNM
ITS
MBS
MMI
CSH
CSH
DFI
SHS
CPA
CON
CPN
CDS
CER
CMO
CDS
COD
ABS
ADR
AGS
BAS
Asset-backed Securities
ADR
Agencies
Banker Acceptances
Representative Certificates
US CMO
US Corporate Bond
Certificate of Deposit
Commercial Paper
Convertible Bond
Coupons
CorpPrivPl
US Cash
US Cash Wire
DTC Omnibus
Equity / Shares
FED Omnibus
Finance
Freddie Mac Remics
US FNMA
FNMARemics
Face of Prn/Nom Acct
Freddie Mac
GNMARemics
US GNMA
InfIdxTsy
Mortgage Backed Security
US Money Market
X
X
X
X
*
*
X
X
X
X
X
X
X
X
X
*
X
X
X
X
X
X
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Omgeo OASYS and TradeMatch Security Types (Continued)
OASYS Security Type TradeMatch Security
Type
Security Type
Name
TEM
TRB
TRN
TRS
SHP
SLA
TBA
TBI
TRY
UNT
WAR
XCP
PRS
OMB
REP
RTS
OPC
OPS
PRC
PRP
MNB
MSC
MTN
NSD
NTE
OMB
OMM
TEM
TRB
TRN
TRS
SHP
SLA
MBS
TBI
GDS
UNT
WTS
XCP
PRS
OMB
REP
RTS
OPC
OPS
PRC
CDS
MUN
MSC
MTN
NSD
MTN
OMB
OMM
US Municipal Bond
Miscellaneous
Med Term Note
Sovereign Debt
Notes
Other Mortgage Backed Sec
Other Money
Option Contract
Option Shares
Premium Contract
Priv Place
Premium Shares
Other Mortgage Backed Sec
Repurchase
Rights
Pref Shares
Student Loan
To Be Announced
Treasury Bill
Tax Free M.M
Treasury Bond
Treasury Note
Trans Ship
Treasury
Units
Warrants
Tax Free Paper
X
X
X
X
X
X
X
*
X
X
X
BIA Enrichment Additional
ALERT
Enrichment
X X
X
X
X
X
*
X
*
X
X
X
X
X
Accept Received Status
The trade status ACCRCVD indicates that you received the ACCEPT from the OASYS broker/dealer or
OASYS host (if sending to TradeMatch only). It is the final status of the trade. You cannot edit trades with the ACCRCVD status.
The ACCRCVD status for a trade displays on the Trade Summary Screen.
For OASYS-TradeMatch clients, the ACCRCVD status does not change, regardless of the transmit status of a trade sent to TradeMatch.
TradeMatch also sends received statuses on the trade and matching statuses on the allocations.
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Trade Validation Status Indicators
The Trade Summary Screen displays the symbols described in the Trade Summary Screen Fields table to
indicate the validation status for trades sent to TradeSuite.
Only the following symbols in the Trade Summary Screen Fields table are applicable:
• Yellow Dot
• Green Up Arrow (solid)
• Green Up Arrow (hollow)
• Red Down Arrow
About Match Statuses
OASYS-TradeMatch sends its clients and broker/dealers interim and final matching status information for each allocation marked for matching.
The statuses are described in the Match Status Descriptions table.
Match Status Descriptions
Status
Matched
Unmatched
StoppedMatch
StopMatchFailed
Description
Indicates that the investment manager’s allocation matched the broker/dealer’s trade input. Can be the final status of a trade.
The investment manager and broker/dealer receive this status.
Indicates that the allocation is marked for matching but is not yet matched.
The investment manager receives this status, but broker/dealer does not.
The allocation status remains Unmatched until it is matched or TradeSuite executes a stop match sent by the investment manager.
Indicates that the investment manager sent a stop match request and TradeSuite stopped the matching process. StoppedMatch can be the final status of a trade.
The investment manager and broker/dealer receive this status. If the custodian was notified of the original trade, it is sent to the custodian as a CANCEL.
Indicates that the investment manager’s request to stop the match failed.
1
The investment manager receives this status, but the broker/dealer does not.
1. The investment manager does not see a StopMatchFailed status if the allocation is already Matched.
Matching Statuses on Allocations
TradeMatch sends OASYS-TradeMatch clients interim and final matching status information for each allocation marked for matching. It also sends the final matching status information to broker/dealers. The
statuses are listed in Processing Trades.
Controlling Allocation Matching
By using the To Matching field on the Allocation Details screen, OASYS-TradeMatch investment managers can control which allocations go to TradeSuite for matching. By default, when a trade is eligible for matching, all allocations are sent to matching. You can also control which allocations go to the custodian as settlement notification.
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Notifying the Custodian
When you enter a trade, you can indicate whether to send the allocations to the custodian as settlement notification. You can send all allocations to the custodian automatically or specifically control, which allocations are sent.
Note: You can send an allocation to the custodian independent of sending the allocation to matching.
Stopping an Allocation Match
When the trade status is ACCRCVD and an allocation is UNMATCHED, an investment manager can send a request to TradeSuite to stop the matching process for that allocation.
After receiving a stop match request, OASYS returns the status information on matching. What occurs after the investment manager sends the request depends on the state of the allocation at the time the request is issued:
• If the allocation is in a trade that is ACCRCVD, marked for matching, and not yet matched,
TradeSuite executes the stop match request.
The allocation status changes to StoppedMatch for the investment manager and broker/dealer. Final status of the allocation.
• If the allocation is in a trade that is not ACCRCVD or has already been matched, the investment manager receives an error message.
• If the allocation is matched before TradeSuite can execute the stop match request, it informs the investment manager that the request was denied. The allocation status changes to MATCHED for the investment manager and broker/dealer. Final status of the allocation.
TradeSuite Errors
TradeSuite errors are the result of problems with data input or data enrichment.
Before allowing data to be processed, TradeSuite validates certain information. If the trade fails to meet the criteria, TradeSuite sends an error message. The error is indicated on the Trade Summary screen by a red down arrow for hard errors or green up arrow (hollow) for soft errors.
You can view the error messages for one trade in the TradeSuite Errors screen. To view and print
TradeSuite errors for one or more trades, select the TradeSuite Errors submenu under Reports on the Tools menu.
Viewing TradeSuite Errors
Use the TradeSuite Errors screen to view the hard or soft errors in a trade sent to TradeMatch.
To view TradeSuite errors:
1. In the Trade Summary screen, double-click a trade that has TradeSuite errors.
2. Click TS Error in the Block Details screen. The TradeSuite Errors screen appears.
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The TradeSuite Errors screen displays the hard and soft errors in a trade sent to TradeMatch. The screen displays the data fields described in the TradeSuite Errors Screen Data Fields table.
TradeSuite Errors Screen Data Fields
Data Field
Reference
Seq #
Field Code
Reason Code
Description
Description
The reference number that OASYS assigns to the trade.
The sequence number of the allocation.
TradeMatch field code for the field in error.
TradeMatch code for the error.
TradeMatch description of the error.
Printing TradeSuite Errors
On the TradeSuite Errors screen, click Print to print a copy of the errors displayed.
OASYS-TradeMatch Error Codes
The OASYS-TradeMatch Error Codes table describes the Omgeo OASYS-TradeMatch error codes. The system sends an eight-byte error code indicating the reasons why a message failed validation. The code contains two parts:
• Four-byte field code that identifies the field where an error occurred.
• Four-byte error reason code that describes the type of error that occurred
OASYS-TradeMatch Error Codes
Field Code
GABO
CAAQ
CAAA
Reason Code
9AAE
IAA7
IAA8
IACH
IACF
9AAN
9AAA
Explanation
First character of record must be
C
if block,
D
if allocation, or
L
if trailer.
Block Reference Number is missing, contains errors, or does not match allocation.
Allocations are missing.
Duplicate allocation, block is already complete.
Trailer record is submitted without a corresponding common record.
Submitting Institution ID is not set up for TradeMatch.
Submitting Institution ID is blank or
0
.
IAAE
IAEV
9AAN
9AAE
Submitting Institution has elected not to receive the allocation rejection.
Submitting Institution is not a TradeHub subscriber.
Institution ID is not set up for TradeMatch.
Institution ID on allocation is different than Submitting Institution on block.
9AAF Institution
0
or not numeric.
GAAT
CAGJ
IAER
IAAN
IAA1
IABD
IAA4
IAAN
9AA5
Institution ID is not authorized for acronym.
Block Reference Number is not unique.
Block Reference Number is not unique. It appears on a previously canceled allocation.
Block Reference Number is not unique. It appears on a previously rejected allocation.
Block Reference Number not found in any previous allocation.
Allocation Reference Number is not unique.
Allocation Reference Number is
0
, blank, or not numeric.
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OASYS-TradeMatch Error Codes (Continued)
Field Code
CAAB
CAA1
EAAB
DAA3
DAA4
DAAD
EAAA
EAA6
BAAB
BAAA
GAAF
9AAF
9AAH
9AAE
9AAE
9AAJ
IAAH
IAAF
IAAG
9AAJ
9AAK
IAA6
Reason Code
9AAN
Explanation
Executing Broker ID is not set up for TradeMatch.
9AAF
9AAA
9AAN Executing Broker ID is not set up for TradeMatch.
9AAE Matching
Y
or
N
or Pre-Notify Custodian value is not
C
or a
D
.
9AAF
9AAH
IABB
9AAF
Executing Broker ID is not numeric.
Executing Broker ID is blank.
Block Size/Original Face is not numeric.
Block Size/Original Face is not greater than
0
.
Total allocation Shares/Face value in canceled and original allocation are different.
Broker of Credit Commission Fee is not numeric (spaces are the only acceptable non-numeric values).
Block Price is not numeric.
Block Price is not greater than
0
.
Transaction Type is not valid.
Stepin Broker Notify Indicator must by
Y
or
N
.
Trade Date is not a valid business day.
Trade Date is greater than 250 days in the past.
Trade Date is greater than current date.
Trade Date exceeds current date.
Settlement Date is invalid.
Settlement Date is less than Trade Date.
Ticker or CUSIP is invalid.
GAAD
GAAE
GAAG
GAAP
GABI
GABL
GABN
GABP
9AA5
9AAE
9AAE
9AAA
9AAE
9AAE
9AAE
9AAA
9AAE
9AAE
9AEH
IAA9
9AA5
9AAO
9ABE
9AAQ
9AAE
Ticker or CUSIP is missing.
The Security identifier is invalid.
The Security identifier is invalid.
The Security identifier is invalid.
Settlement Type must be
1
,
2
,
3
, or
4
.
Security Type is missing.
The Security identifier is invalid.
Cancellation reason code is invalid.
Cancellation reason code is invalid.
Security numbering system is not one of the acceptable values.
Rejection reason code is invalid.
Allocation Commission Type Indicator must be
C
,
F
,
D
, or
U
.
Allocation Commission Type Indicator must be U when Commission Fee and BOC Commission
Fee are greater than
0
.
Transaction type is invalid.
System error. Contact Omgeo Client Support.
Set is not complete to cancel detail record.
Substitution Indicator must be
O
for Transaction Type
1
.
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DAAI
DAAL
DAAF
GAAS
CAAA
CAA2
CAA5
OASYS-TradeMatch Error Codes (Continued)
Field Code
GABQ
GAGX
DAAA
Reason Code
IABA
9AAE
9AA5
Explanation
Substitution Indicator must be
C
,
S
, or
R
for Transaction Type
4
.
Account Name, Account Code, or ALERT Access Code is invalid.
Submitting Institution ID does not have a corresponding BIC number in TradeSuite.
DAAE
DAAJ
9AAH
IAAJ
9AAF
9AAH
IAAK
Allocation Size/Original Face is not greater than
0
.
Allocation Size/Original Face is greater than
9,999,999.99 and Settlement Location equals either BRC or DTC.
Net Amount is not numeric.
Net Amount is not greater than
0
.
For Settlement Location BRC or DTC, the Net Amount must be
$9,999,999,999.99
or less.
9AAK Net Amount for DTC and BRC must be
$9,999,999,999.99
or less.
9AAF Commission is not numeric.
9AAE
9AAF
9AAF
9AAF
When Allocation Commission Type Indicator is
Accrued Interest is not numeric.
Fees is not numeric.
Principal is not numeric.
D
, Commission Fee must be less than 100%.
CAA6
CAAF
CAAH
CAAN
CAAQ
CAAS
9AAF
9AAN
9AAN
9AAF
9AA6
IAER
9AAE
IAAW
9AAN
IAEV
IAAE
IAEO
9AAN
9AAF
IAAE
Institution is not set up for TradeMatch.
Clearing Broker ID associated with Executing Broker ID is invalid.
Agent ID is not set up for TradeHub.
Agent ID is not set up to receive TradeHub settlement notifications.
Agent ID is blank.
ID Stepin Broker is not eligible for ID processing.
ID Stepin Broker is not numeric.
Stepin Broker Notify is
Y
but ID Stepin Broker and its Clearing Broker elected not to receive institution instructions.
Agent ID number is not numeric.
Agent is not eligible for ID processing.
Broker of Credit is not eligible for ID processing.
Broker of Credit is not numeric.
Broker of Credit submitted with non-ID Broker of Credit or non-ID Correspondent Broker.
Submitting Institution ID is not authorized for acronym.
Non-ID Stepin Broker must be spaces when an ID Stepin Broker is specified.
Stepouts for OASYS-TradeMatch Clients
When using the OASYS-TradeMatch Service, stepin trades can be generated for OASYS and non-OASYS broker/dealers. Afterward, the stepins are sent to TradeMatch. Stepin trades for an OASYS broker/dealer can be sent to the broker/dealer for acceptance and then to TradeMatch, or sent to TradeMatch only.
Stepins for non-OASYS broker/dealers can be sent to TradeMatch only.
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The Stepouts for OASYS-TradeMatch Clients table shows which fields to populate when generating a stepin trade and sending the stepin to either:
• An OASYS broker/dealer, and then to TradeMatch
• TradeMatch only
Stepouts for OASYS-TradeMatch Clients
Equity Allocation Field
Stepout To
OASYS Broker
TM Stepout Broker ID
Matching Only
What Happens
Generates Stepin Trade
Send Stepin to broker/dealer and then TradeMatch
Send Stepin to TradeMatch only
A
OASYS acronym
Y
Yes
Yes
No
B
ID
Y
Yes
No
Yes
C
OASYS acronym
Y
ID
Yes
Yes
No
D
OASYS acronym
Y
ID
Y
Yes
No
Yes
E
Broker code
N
No
No
No
F
Broker code
N
ID
Y
Yes
No
Yes
About Notifying the Custodian
When you enter a trade, you can indicate whether to send the allocations to the custodian as settlement notification. You can send all allocations to the custodian automatically or control specifically which
Note: You can send an allocation to the custodian independent of sending the allocation to matching.
Sending All Allocations to the Custodian
1. Create a trade.
2. On the Block Details screen or in the import file, select Pre-Notify Custodian.
The To Custodian field on all allocations is automatically selected.
To prevent an allocation from being sent to the custodian, select an option on the allocation.
3. Complete the block and allocation details, and then transmit the trade.
Sending Selected Allocations to the Custodian
Select the To Custodian field on the allocation to send the allocation to the custodian.
1. Create a trade.
2. Select the Pre-Notify Custodian check box on the Block Details screen. Then clear the To Custodian check box on each allocation you do not want sent to the custodian
Alternatively, you can leave the Pre-notify Custodian field blank on the Block Details screen. Then select
To Custodian check box on each allocation you want sent to the custodian.
3. Complete the block and allocation details, and then transmit the trade.
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80
A. OASYS T
RADE
S
CREENS
Introduction
This chapter describes the commonly used OASYS screens used in day-to-day trading operations.
Equity Block Details Screen
Use the equity Block Details screen to enter or revise equity block trade information and display a block trade's allocations.
The Equity Block Details Screen Fields table describes the equity Block Details screen fields.
Equity Block Details Screen Fields
Field
Trade
Security ID
(Required)
Asset Class
(Required)
Security Type
(Required)
Original Face
(Required)
Description
Ticker symbol or CUSIP for the traded security (uppercase only). Enter a value that the broker/ dealer's system can recognize. Not validated by OASYS, but not validated by TradeMatch.
Category of assets. OASYS includes two classes: equity (
EQ
) and fixed income (
FI
). This selection also determines the list of available securities in the Security Type field and broker/dealers in the
OASYS Broker field.
Type of equity financial instrument. The following securities are classified as equity:
• ADR—American Depository Receipt
• CER—Representative Certificate
• CON—Convertible Bonds (also in fixed income asset class)
• CSH—Cash
• CWR—U.S. Cash Wire
• EQU—Equity
• MSC—Miscellaneous (also in fixed income asset class)
• OPC—Option Contracts
• OPS—Option Shares
• PRC—Premium Contract
• PRS—Premium Shares
• RTS—Rights
• SHP—Preferred shares
• UNT—Units
• WAR—Warrants
See Setting a Default Security Type for more information about configuring a default security type.
Total quantity of shares in the trade.
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Equity Block Details Screen Fields (Continued)
Field
Price
OASYS Broker or (for OASYS-
TradeMatch) Executing Broker ID and Matching Only
(Required)
CUSIP checkbox
Description
Price per share for the entire trade. Value:
.0000000001
-
999999999.99
. Value is 12 digits including the decimal. No more than 9 digits before the decimal and 10 digits after the decimal (no commas).
Although the Price field is not required for import, it is required to complete the trade. The trade may be fully allocated, but the trade status remains INCMPL until you enter a price in the Price field.
Valid OASYS acronym for the executing broker/dealer. Required if the trade is sent to an OASYS broker/dealer for acceptance. Also used to supply enrichment from ALERT.
Custom CUSIP checkbox
When Issued
Commission
Trans Type
(Required)
Description
Reference #
Trade Date
(Required)
Status
The security’s unique nine character ID in the CUSIP system. See Valid CUSIP Characters for more
information about CUSIPs.
Indicates the CUSIP is user-defined.
If checked, indicates a transaction that was made conditionally because the security, although authorized, has not yet been issued.
Rate per share, in cents. Becomes the default for all allocations in this trade which do not contain a different commission. Value:
.00000001
-
9.99999999
(no commas). Value is 10 digits, including decimal. No more than 1 digit before decimal and 8 digits after.
An OASYS transaction type, including:
• B—Buy
• BC—Buy Covered
• S—Sell
• SS—Sell Short
• SE—Sell Exempt
Additional text.
A number assigned by OASYS to the trade
Trade date, in the format specified by the current import model.
Internal Ref #
Trade Time
Settle Date
(Required)
Exec Brkr MPID
Current status of the trade, in uppercase. See the Status Values section of the Trade Summary
Screen Fields table for more information about status types.
Number you define to track a trade in OASYS. Required as part of an update (only) if you do not use
Reference #. Sent to the OASYS host and OASYS broker/dealers.
(OASYS-TradeMatch) This value also populates the NOE/II Institution Order Routing # field on the confirm when the trade is matched.
Trade time, in the format specified by the current import model.
Settlement date of the block trade, in the format specified by the current import model. If blank,
OASYS automatically calculates the settlement date based on the Trade Date, default settle date offset, and settlement holiday calendar.
The executing broker’s Market Participant Identification number. This field is only enabled for stepout trades and if the counterparty is in version 7.0.
TradeSuite
Executing Broker ID
Exec Brkr MPID
Submitting Institution ID
Matching Only check box
Pre-Notify Custodian check box
TradeMatch ID of the executing broker/dealer. Required for non-OASYS broker/dealer. Optional, but recommended, for an OASYS broker/dealer.
The executing broker’s Market Participant Identification number
TradeMatch ID of the submitting institution.
When checked, indicates that the trade is sent to TradeMatch only. Required if the executing broker/dealer is a non-OASYS broker/dealer.
When checked, indicates that the trade is sent to a custodian. OASYS broker/dealers do not receive this field.
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Equity Block Details Screen Fields (Continued)
Field
Comments
Brkr. Comments
Inst. Comments
Stepout
Contains Stepouts checkbox
Filter Alloc Details checkbox
Description
Broker/dealer to investment manager information.
Investment manager to broker/dealer information.
Stepin checkbox
Stepout From
Primary Ref #
Indicates whether the trade contains stepout allocations.
A checkmark indicates you want to filter account details from the executing broker/dealer. Selected by default.
A checkmark indicates this trade is an automatically generated stepin trade.
Short name of executing broker/dealer in original trade from which this trade was stepped out.
OASYS reference number of original trade from which this trade was stepped out. Not sent to the stepin broker/dealer.
Allocation Information
Seq #
Account Name
Account Code
Access Code
Original Face
Comm
Status
H/S
BOC
S/O
Allocation Status
Total Accounts checkbox
Allocated
Allocations do not contain uniform
Commissions checkbox
Remaining
Confirm Control #
Buttons
History
Stop All Matches
Stipulations
New
Modify
Sequence number of allocation within trade.
Account name for the allocation assigned by the investment manager.
Internal code you use to identify the account. This value is not sent to your counterparty.
Identifier assigned to an account by the investment manager. It may contain only the digits
0-9
and the uppercase alphabetic characters
A-Z
.
Quantity of shares.
Special concessions.
(OASYS-TradeMatch) TradeSuite matching status
Hard/Soft dollar indicator.
Broker of credit name. Displayed if the allocation has a BOC or is a stepout.
Indicates whether allocation is a stepout. Value is
Y
if a stepout,
N
if not a stepout.
Number of accounts to which the trade is allocated.
Size and percentage of trade allocated.
If selected, the standard commission rate does not apply to these allocations.
Size and percentage of trade remaining to be allocated.
The DTC control number of the matching confirm.
Click to display trade history for the allocations.
Click to stop all allocation matches.
(TBA trades) Click to open the Stipulations screen and select or enter the type of stipulation:
One
Pool Per Million
,
1 Pool 1 Piece
,
Max Pools Per 100 Million
, or
Other
Stipulations
.
Click to print a trade report for the block. You must save the block (for example, click OK) before you can print it.
Click to create a new allocation.
Click to modify the Allocation Details screen for the selected allocation.
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Equity Block Details Screen Fields (Continued)
Field
View
Delete
TS Error
Description
Click to display the Allocation Details screen for a selected allocation.
Click to delete the selected allocation.
(OASYS-TradeMatch) Click to display TradeSuite errors. Displays only when the trade contains
TradeSuite errors.
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Equity Allocation Details Screen
You must allocate all (100%) of a block before you can send a trade to the OASYS host.
The Equity Allocation Details Screen Fields table describes the equity Allocation Details screen fields.
Equity Allocation Details Screen Fields
Field
Account
Name
(Required)
Account Code
(Required)
Matching Only
Description
Short text description you use to identify the account.
Internal code you use to identify the account.
ALERT Access Code
Broker of Credit
Name
Account identifier you set in the ALERT database to identify the account.
ID
BIC
Broker of Credit for a standard allocation or non-OASYS stepin broker/dealer. This field is not validated on the workstation.
TradeMatch ID of Broker of Credit. Validated by the Broker of Credit table on the workstation.
Bank Identifier Code approved by the International Organization for Standardization (ISO). It is the unique identification code of a particular bank.
TradeSuite
Institution ID
Agent ID
Agent Internal Account
Settlement Location
Agent internal account in TradeMatch. If you supply the account, it is not retrieved from ALERT or SID.
Use to select a valid settlement location. You can set a default on the OASYS Workstation Setup screen.
TradeSuite Processing (checkboxes)
To Matching A checkmark sends the allocation to TradeMatch. By default, the check box is selected.
To Custodian
Stop Match
TradeMatch ID of the investment manager. If you supply the ID, it is not retrieved from ALERT or the host. Validated by OASYS.
TradeMatch ID of the agent. If you supply the ID, it is not retrieved from ALERT or SID. Validated by OASYS.
A checkmark sends the allocation to the custodian. You can send the allocation to the custodian even if you do not send it to TradeMatch. By default, the check box is deselected.
A checkmark stops the allocation from matching. You can stop the match when the trade is
ACCRCVD (the trade is accepted) and the allocation is UNMATCHED (not yet matched).
Stepout
Stepout checkbox
Stepout To
OASYS Broker checkbox
A checkmark indicates that the allocation is stepped out. When you select this check box, the Misc field in the Allocation section is grayed out.
OASYS acronym or an 8-digit broker/dealer code of the stepin broker/dealer. OASYS acronym required to send trade to OASYS broker/dealer for acceptance. Refer to the Client Center on http://www.omgeo.com
for a list of broker/dealer codes.
A checkmark indicates an OASYS stepin broker/dealer. If the box is blank, the Stepout To dropdown list is not available. Validated by OASYS.
Stepin Brkr MPID
Stepin Ref #
Clearing Number
TM Stepout Broker
Four-letter code indicating the Market Participant Identification number.
Reference number of the automatically generated stepin trade to which this allocation belongs.
Clearing number of the broker/dealer in the Stepout To field. Not validated by OASYS.
(OASYS-TradeMatch) TradeMatch ID of the broker/dealer in the Stepout To field. Required for non-OASYS stepin broker/dealer.
(OASYS-TradeMatch) When selected, indicates that the stepin trade is to be sent to TradeMatch only. Required if the stepin broker/dealer is a non-OASYS broker/dealer.
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Equity Allocation Details Screen Fields (Continued)
Field
Stepout Cmts
Allocation
Original Face
Description
Stepout comments. Use to enter additional comments on the stepout.
Percentage
Commission
Principal
Net Amount
Fee
Country Tax
Local Tax
Other Charges
Misc
Commission Code
Hard/Soft
Total quantity of shares in the block trade. Values must be expressed as integers. If entered,
Percentage is automatically filled in.
Percentage of the block allocated to this account. If entered, then size is calculated and displayed in the Original Face field.
Rate per share, in cents. Defaults to the commission rate on the trade (block), but can be overridden.
The face value amount to be repaid at maturity.
(OASYS-TradeMatch) If you provide a value, it is not overwritten. If the field is blank, TradeMatch calculates the value.
The gain realized from the trade.
(OASYS-TradeMatch) If you provide a value, it is not overwritten. If the field is blank, TradeMatch calculates the value.
Trade fees. A positive numeric value.
(OASYS-TradeMatch) If you provide a value, it is not overwritten. If the field is blank, TradeMatch calculates the value.
Country taxes applied to the trade. You supply the value.
Local taxes applied to the trade. Added for Buy transactions, subtracted for Sell transactions. You supply the value.
You supply the value.
For standard (non-stepout) allocations, a user-defined field that may contain any printable ASCII character. For stepouts, must be blank or it generates an error.
User-defined code indicating why you allocated the commission. For example, you can enter
R
to indicate the commission pays for research.
Indicates if the commission is hard or soft dollars. The value is
H
(hard) or
S
(soft). The default is
H
.
Allocation Status
Total Accounts
Allocation Internal Ref #
Allocated
Status
Remaining
Confirm Control #
Number of accounts to which the trade is allocated.
Your internal reference number for the allocation. The maximum number of alphanumeric characters allowed is 12.
Size and percentage of trade allocated.
TradeSuite matching status.
Size and percentage of the trade remaining to be allocated.
DTC Confirm Control # of the matched confirm to this allocation
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Equity Allocation Details Screen Fields (Continued)
Field
Tax Lot
Release Method
Description
Tax Lot Details
New
Modify
View
Delete
The tax lot cost basis release method. Values are:
• AVCO—Average Cost
• FIFO—First In, First Out
• HICO—Highest Cost
• LIFO—Last In, First Out
• LOCO—Lowest Cost
• LTHC—Long Term Highest Gain
• MSTG—Minimum Short Term Gain
• SPEC—Specify
Displays the following information:
• Purchase Date—Purchase date of the relieved lot
• Purchase Price
• Tax Lot ID—Unique identifier given to the lot by the agent bank or custodian
• Release Quantity—Number of shares removed from the lot. Used for a partial-release lot.
You can select a record and click Modify, View, or Delete to edit, review, or delete the record.
Click to add a new tax lot record.
Click to change a selected tax lot record.
Click to view the details of a selected tax lot record.
Click to delete a selected tax lot record.
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Fixed Income Block Details Screen
Use the fixed income Block Details screen to enter or revise fixed income block trade information and display a block trade's allocations.
The Fixed Income Block Details Screen Fields table describes the fixed income Block Details screen fields.
Fixed Income Block Details Screen Fields
Field
Trade
Security ID
(Required)
Asset Class
(Required)
Description
Security Type
(Required)
Original Face
(Required)
Price
Ticker symbol or CUSIP for the traded security (uppercase only). Enter a value that the broker/ dealer's system can recognize. Not validated by OASYS, but not validated by TradeMatch.
Category of assets. OASYS includes two classes: equity (
EQ
) and fixed income (
FI
). This selection also determines the list of available securities in the Security Type field and broker/ dealers in the OASYS Broker field.
Type of fixed income financial instrument. The following securities are classified as fixed income:
• ABS—Asset Backed Securities
• AGS—Agencies
• BAS—Banker Acceptances
• CMO—US Collateralized Mortgage
Obligations
• COB—US Corporate Bond
• COD—Certificate of Deposit
• COM—Commercial Paper
• CON—Convertible Bonds
• CPN—Coupons
• CPP—CorpPrivPl
• DFI—DTC Omnibus
• FFI—FED Omnibus
• FIN—Finance
• FMR—Freddie Mac Remics
• FNM—US FNMA
• FNR—FNMARemics
• FPA—Face of Prn/Nom Acct
• FRM—Freddie Mac
• GMR—GNMARemics
• GNM—US GNMA
• ITS—InfIdxTsy
• MBS—Mortgage Backed Securities
• MMT—US Money Markets
• MNB—US Municipal Bonds
• MSC—Miscellaneous
• MTN—Med Term Notes
• NSD—Sovereign Debts
• NTE—Notes
• OMB—Other Mortgage Backed Securities
• OMM—Other Money
• PRP—Priv Place
• REP—Repurchase
• SLA—Student Loan
• TBA—To Be Announced
• TBI—Treasury Bill
• TEM—Tax Free MM
• TRB—Treasury Bond
• TRN—Treasury Note
• TRS—Trans Ship
• TRY—Treasury
• XCP—Tax Free Paper
See Setting a Default Security Type for more information about configuring a default security
type.
OASYS Broker ID or, for TradeMatch users Executing Broker ID and Matching Only. Valid
OASYS acronym for the executing broker/dealer. Required if the trade is sent to an OASYS broker/dealer for acceptance. Also used to supply enrichment from ALERT.
Price per share for the entire trade. Value:
.0000000001
-
999999999.99
. Value is 12 digits including decimal. No more than 9 digits before the decimal and 10 digits after the decimal
(no commas).
Although the price is not required for import, it is required to complete the trade. The trade may be fully allocated, but the trade status remains INCMPL until you enter a value in the Price field.
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Fixed Income Block Details Screen Fields (Continued)
Field
OASYS Broker
(Required)
CUSIP
Custom CUSIP
When Issued
Commission
Trans Type
(Required)
Description
Reference #
Trade Date
(Required)
Status
Description
Valid OASYS acronym for the executing broker/dealer. Required if the trade is sent to an OASYS broker/dealer for acceptance. Also used to supply enrichment from ALERT.
The security’s unique nine character ID in the CUSIP system. See Valid CUSIP Characters for
more information about CUSIPs.
Indicates the CUSIP is user-defined.
If checked, indicates a transaction that was made conditionally because the security, although authorized, has not yet been issued.
Rate per share, in cents. Becomes the default for all allocations in this trade which do not contain a different commission. Value:
.00000001
-
9.99999999
(no commas). Value is 10 digits, including decimal. No more than 1 digit before decimal and 8 digits after.
An OASYS transaction type, including:
• B—Buy
• BC—Buy Covered
• S—Sell
• SS—Sell Short
• SE—Sell Exempt
Additional text.
A number assigned by OASYS to the trade.
Trade date, in the format specified by the current import model.
Exec Brkr MPID
Internal Ref #
Trade Time
Settle Date
(Required)
Current status of the trade, in uppercase. See the Status Values section of the Trade Summary
Screen Fields table for more information about status types.
The executing broker’s Market Participant Identification number
Number you define to track a trade in OASYS. Required as part of an update (only) if you do not use Reference #. Sent to the OASYS host and OASYS broker/dealers.
(OASYS-TradeMatch) This value also populates the NOE/II Institution Order Routing # field on the confirm when the trade is matched.
Trade time, in the format specified by the current import model.
Settlement date of the block trade, in the format specified by the current import model. If blank,
OASYS automatically calculates the settlement date based on the Trade Date, default settle date offset, and settlement holiday calendar.
TradeSuite
Executing Broker ID
Submitting Institution ID
Matching Only
Pre-Notify Custodian
TradeMatch ID of the executing broker/dealer. Required for non-OASYS broker/dealer.
Optional, but recommended, for an OASYS broker/dealer.
TradeMatch ID of the submitting institution.
When checked, indicates that the trade is sent to TradeMatch only. Required if the executing broker/dealer is a non-OASYS broker/dealer.
When checked, indicates that the trade is sent to a custodian. OASYS broker/dealers do not receive this field.
Fixed Income
Accrued Int./Discount
Net Amount
Issue Date
Principal
Pool
Maturity Date
Current Face
Interest accumulated between the most recent payment and the sale of the security.
The gain realized from the trade.
Date the bond was issued, in the format specified by the current import model.
The face value amount to be repaid at maturity.
Pool ID. Applies to mortgage-backed securities. No special characters allowed.
Date on which the security is due and payable, in the format specified by the current import model.
Current amount of principal outstanding on a security.
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Fixed Income Block Details Screen Fields (Continued)
Field
Coupon Rate
Discount Rate
Final Coupon Rate
Yield
Factor
Final Factor
Comments
Brkr. Comments
Inst. Comments
Allocation Information
Seq #
Account Name
Account Code
Access Code
Original Face
Comm
Status
H/S
BOC
S/O
Allocation Status
Total Accounts
Allocated
Allocations do not contain uniform
Commissions
Remaining
Confirm Control #
Buttons
History
Stop All Matches
Stipulations
New
Modify
View
Delete
TS Error
Description
Interest rate of the instrument.
Indicates the discount rate. May be a negative value.
Indicates whether the coupon rate is final.
Rate of return (yield to maturity).
Pay up/down rate of the security.
Indicates whether the factor is final.
Broker/dealer to investment manager information.
Investment manager to broker/dealer information.
Sequence number of allocation within trade.
Account name for the allocation.
Internal code you use to identify the account. This value is not sent to your counterparty.
ALERT access code.
Quantity of shares.
Special concessions.
(OASYS-TradeMatch) TradeSuite matching status.
Hard/Soft dollar indicator.
Broker of credit name. Displayed if the allocation has a BOC or is a stepout.
Indicates whether allocation is a stepout. Value is
Y
if a stepout,
N
if not a stepout.
Number of accounts to which the trade is allocated.
Size and percentage of trade allocated.
If checked, the standard commission rate does not apply to these allocations.
Size and percentage of trade remaining to be allocated.
Displays the DTC Control number of the matching confirm.
Click to display trade history for the allocations.
Click to stop all allocation matches.
(TBA trades only) Click to open the Stipulations screen and select or enter the type of stipulation:
One Pool Per Million, 1 Pool 1 Piece, Max Pools Per 100 Million, or Other Stipulations.
Click to print a trade report for the block. You must save the block before you can print it.
Click to create a new allocation.
Click to display the Allocation Details screen for the selected allocation.
Click to display the Allocation Details screen for a selected allocation.
Click to delete the selected allocation.
(OASYS-TradeMatch) Click to display TradeSuite errors. Displays only when the trade contains
TradeSuite errors.
Stepout
Contains stepout checkbox Indicates whether the trade contains stepout allocations.
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Fixed Income Block Details Screen Fields (Continued)
Field
Filter Alloc Details checkbox
Stepin checkbox
Stepout From
Primary Ref #
Description
A checkmark indicates you want to filter account details from the executing broker/dealer.
Selected by default.
A checkmark indicates this trade is an automatically generated stepin trade.
Short name of executing broker/dealer in original trade from which this trade was stepped out.
OASYS reference number of original trade from which this trade was stepped out. Not sent to the stepin broker/dealer
Tax Lot
Release Method
Tax Lot Details
New
Modify
View
Delete
The tax lot cost basis release method. Values are:
• AVCO—Average Cost
• FIFO—First In, First Out
• HICO—Highest Cost
• LIFO—Last In, First Out
• LOCO—Lowest Cost
• LTHC—Long Term Highest Gain
• MSTG—Minimum Short Term Gain
• SPEC—Specify
Displays the following information:
• Purchase Date—Purchase date of the relieved lot
• Purchase Price—Purchase price of the relieved lot
• Tax Lot ID—Unique identifier given to the lot by the agent bank or custodian
• Release Quantity—Number of shares removed from the lot. Used for a partial-release lot.
You can select a record and click Modify, View, or Delete to edit, review, or delete the record.
Click to add a new tax lot record.
Click to change a selected tax lot record.
Click to view the details of a selected tax lot record.
Click to delete a selected tax lot record.
Additional Fields for Repurchase Agreements
A repo (repurchase agreement) involves a borrower selling securities to another party at a fixed price, with an agreement to repurchase the securities at an agreed future date and price. In OASYS, the repurchase agreement functionality is available on the block level for fixed income trades when you select a REP or FIN Security Type. When these conditions are met and the broker can process a repo trade, the Repo button is available on the right side of the Block Details screen. Click Repo to open the
Repo Trade screen.
The fields are listed in the Repo Trade Screen Fields table.
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91
Repo Trade Screen Fields
Field
Trade Type
Delivery Methods
Leg Identifier
Rate Type
Description
Identifies the type of repo trade. Values are:
• Repo
• Reverse Repo
• Sell/Buy Back
• Participation
• Sec Lending
• Sec Borrowing
Delivery method based on the security type or purpose of trade. Values are:
• Free
• Book Entry
• Physical
• DVP/RVP
• Cash
• Hold-in-Custody
• Tri-Party
• Quad-Party
• Other
Identifies whether the transactoin is the start (open leg), close (close leg) or both. Values are:
• Open Leg
• Close Leg
• Both Legs
Specifies whether the rate is fix or variable. Values are:
• Original
• Substitution
• Margin-Re-Price/Cash Call
• Margin-Re-Price/Collateral Call
• Rollover
• Other
• Not Specified
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Fixed Income Allocation Details Screen
Use the fixed income Allocation Details screen to add or modify a fixed income block's allocations.
Before you can allocate a trade, ensure that an account and broker of credit are configured to process
the trade. To configure those components, refer to Updating Broker of Credit, Account, and Omnibus
The Fixed Income Allocation Details Screen Fields table describes the fixed income Allocation Details screen fields.
Fixed Income Allocation Details Screen Fields
Field
Account
Name
Account Code
ALERT Access Code
Broker of Credit
Name
Description
Short text description you use to identify the account.
Internal code you use to identify the account.
Account identifier you set in the ALERT database to identify the account.
ID
BIC
Broker of Credit for a standard allocation or non-OASYS stepin broker/dealer. This field is not validated on the workstation.
TradeMatch ID of Broker of Credit. Validated by a table on the workstation.
Bank Identifier Code that identifies a financial institution or entity within a financial institution. A BIC, as specified by the ISO 9362 standard, consists of either eight (BIC8) or 11 (BIC11) contiguous characters.
TradeSuite
Institution ID
Agent ID
Agent Internal Account
Settlement Location
TradeMatch ID of the investment manager. If you supply the ID, it is not retrieved from
ALERT or the host. Validated by OASYS.
TradeMatch ID of the agent. If you supply the ID, it is not retrieved from ALERT or SID.
Validated by OASYS.
Agent internal account in TradeMatch. If you supply the account, it is not retrieved from
ALERT or SID.
Use to select valid settlement location. You can set the default on the OASYS
Workstation Setup screen.
TradeSuite Processing (check boxes)
To Matching
To Custodian
Stop Match
Click to select and send the allocation to TradeMatch. The default is selected.
Click to select and send the allocation to the custodian. You can send the allocation to the custodian even if you do not send it to TradeMatch. The default is deselected.
Click to select and stop the allocation from matching. You can stop the match when the trade status is ACCRCVD (that is, the trade is accepted) and the allocation is
UNMATCHED (not yet matched).
Allocation
Original Face
Accrued Interest
Discount Rate
Percentage
Commission
Total quantity of shares in the block trade. Values must be expressed as integers. If entered, the Percentage field is automatically populated.
Interest accumulated between the most recent payment and the sale of the security.
Interest rate a central bank charges depository institutions that borrow reserves from it.
Percentage of the block allocated to this account. If entered, then size is calculated and displayed in the Original Face field.
Rate per share, in cents. Defaults to the commission rate on the trade (block), but can be overridden.
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Fixed Income Allocation Details Screen Fields (Continued)
Field
Commission Type
Principal
Net Amount
Fee
Country Tax
Local Tax
Other Charges
Misc
Accrued Int/Disc.
Hard/Soft
Description
Type of commission arrangement: Introduced Brokerage (INBR), Commission Recapture
(CREC), Commission Sharing Arrangement (CSHA), and Independent Research (INRE).
This field is available if you select S (soft) in the Hard/Soft field.
The face value amount to be repaid at maturity.
(OASYS-TradeMatch) If you provide a value, it is not overwritten. If the field is blank,
TradeMatch calculates the value.
The gain realized from the trade.
(OASYS-TradeMatch) If you provide a value, it is not overwritten. If the field is blank,
TradeMatch calculates the value.
Trade fees. A positive numeric value.
(OASYS-TradeMatch) If you provide a value, it is not overwritten. If the field is blank,
TradeMatch calculates the value.
Country taxes applied to the trade. You supply the value.
Local taxes applied to the trade. Added for Buy transactions, subtracted for Sell transactions. You supply the value.
You supply the value.
For standard (non-stepout) allocations, a user-defined field which may contain any printable ASCII character. For stepouts, it must be blank or it generates an error.
Interest accumulated between the most recent payment and the sale of the security.
Indicates if the commission is hard or soft dollars. The value is
H
(hard) or
S
(soft). The default is
H
.
Pool Details
Factor
CUSIP
Issue Date
Current Face
Pool
The pay up/down rate of the security.
The security's unique nine character ID in the CUSIP (Committee on Uniform Securities
Identification Procedures) system. Alpha numeric field that allows letters, numbers, and some punctuation characters.
Date on which a security is originally formed.
The current amount of principal outstanding on a security, which is calculated by multiplying the original face value by the most recent factor.
Pool ID. Applies to mortgage-backed securities. Alphanumeric field. No special characters are allowed.
Date on which the security is due and payable, in the date format specified by the import.
Maturity Date
Stepin
Stepout
Stepout To
OASYS Broker
Stepin Brkr MPID
Stepin Ref #
Clearing Number
TM Stepout Broker
Matching Only
Stepout Cmts
A checkmark indicates that the allocation is stepped out. When you
OASYS acronym or an eight-digit broker/dealer code of the stepin broker/dealer. OASYS acronym required if you want the trade sent to OASYS broker/dealer for acceptance.
See the Client Contact Center on www.omgeo.com for a list of broker/dealer codes.
A checkmark indicates an OASYS stepin broker/dealer. If the field is not selected, the
Stepout To drop-down list is not available. Validated by OASYS.
Four-letter code indicating the Market Participant Identification number.
Reference number of the automatically generated stepin trade to which this allocation belongs.
Clearing number of the broker/dealer in the Stepout To field. Not validated by OASYS.
(OASYS-TradeMatch) TradeMatch ID of the broker/dealer in the Stepout To field.
Required for non-OASYS stepin broker/dealer.
(OASYS-TradeMatch) When selected, indicates that the stepin trade is to be sent to
TradeMatch only. Required if the stepin broker/dealer is a non-OASYS broker/dealer.
Stepout comments. Use to enter additional comments on the stepout.
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Fixed Income Allocation Details Screen Fields (Continued)
Field
Stepout
Description
A checkmark indicates that the allocation is stepped out. When you select this field, the
Misc field is not available.
Allocation Status
Total Accounts
Allocation Internal Ref #
Confirm Control #
Allocated
Status
Remaining
Tax Lot
Release Method
Number of accounts to which the trade is allocated.
Your internal reference number for the allocation. The maximum number of alphanumeric characters allowed is 12.
(OASYS-TradeMatch) This number populates the Detail Reference Identifier on the confirm. If you do not supply an internal reference number, the OASYS allocation sequence number is used.
Displays the DTC Control number of the matching confirm.
Size and percentage of trade allocated.
TradeMatch matching status
Size and percentage of the trade remaining to be allocated.
Tax Lot Details List
New
Modify
View
Delete
The tax lot cost basis release method. Select a value from the drop-down list. Values are:
• AVCO—Average Cost
• FIFO—First In, First Out
• HICO—Highest Cost
• LIFO—Last In, First Out
• LOCO—Lowest Cost
• LTHC—Long Term Highest Gain
• MSTG—Minimum Short Term Gain
• SPEC—Specify
This list displays the Purchase Price, Purchase Date, Tax Lot ID number, and Release
Quantity for the tax lot records. You can select a record and click Modify, View, or Delete to edit, review, or delete the record.
Click to add a new tax lot record.
Click to change a selected tax lot record.
Click to view the details of a selected tax lot record.
Click to delete a selected tax lot record.
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Trade History Screen
Use the Trade History screen to review dates and times of the various processing stages of a trade. The entire OASYS process is presented in the Trade History screen in display-only fields.
To open the Trade History screen:
1. Open the Block Details screen for a trade.
2. Click History. The Trade History Screen figure shows an example of the Trade History screen.
Trade History Screen
Understanding Trade History Fields
The Trade History Display Fields table describes the Trade History display fields.
Trade History Display Fields
Display Field
Reference No.
Import
Export
Creation Date
Trade Date
Settlement Date
Sent by Institution
Received by Broker
Sent by Broker
Accepted
Rejected
Description
Transaction reference number assigned by OASYS.
Import date and time of the trade — it will contain data only if the trade data is entered from an import session.
Export date and time — it will contain data only if the trade is exported during an export session.
Date and time the trade was originally entered or imported.
Trade date and time.
Settlement date of the trade.
Date and time your counterparty's workstation sent the trade to the OASYS host.
Date and time you received the trade on your workstation.
Date and time the last change you effected was sent to the OASYS host.
Trade acceptance date and time.
Trade rejection (if any) date and time.
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Import/Export Reports Screen
Use the Import/Export Reports screen to print a set of import/export reports.
To open the Import/Export Reports screen:
1. In the Trade Summary screen, click Reports on the Tools menu, and then Import/Export. The Import/
Export Reports Screen figure shows an example of the Import/Export Reports screen.
Import/Export Reports Screen
Understanding Import/Export Reports Fields
The Import/Export Reports Screen Fields table describes the Import/Export Reports screen fields.
Import/Export Reports Screen Fields
Description Field
Report Format
Summary of Last Import/
Export
Log Report
Import Model
Export Model
Model Name
File Name
Date
Range
All Sessions
Select Sessions
If selected, the OASYS File Import/Export Statistics report prints.
If selected, the Transfer Log report prints.
Not available when you use OASYS record format.
Select a model name of the Import Model on which the log report is being run.
Displays the Log File name which corresponds to the Import Model you selected.
The date of the log file you want printed. Date must be within range of current date minus 30 days.
If selected, all import or export sessions are included on the log report.
If selected, click OK to display the Sessions screen.
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97
Import/Export Reports Screen Fields (Continued)
Field
Type
Detail and Summary
Detail Only
Description
If selected, prints both trade detail and summary on the Import or Export Log report.
If selected, prints only the trade detail on the Import or Export Log report.
Import/Export Record Formats Screen
There are four screens used to import and export block and allocation formats — full model import and export are described in the Omgeo OASYS Integration Guide.
You can either view existing formats that may have been created or create a new format. These are the types of formats you can create.
•
Import — Block Record Formats and Allocation Record Formats
•
Export — Block Record Formats and Allocation Record Formats
To open the Import/Export Record Formats screen:
1. Open the OASYS workstation.
2. On the File menu, select the appropriate Import or Export, depending on which function you require.
The Record Formats List appears for the import or export function you selected.
3. Click New to create a new record format. The Example (Import Block) Record Format Screen figure shows an example Import Block Record Format screen.
Example (Import Block) Record Format Screen
Understanding Record Format Screens
The screens for each import/export record formatting function are identical with the exception of the available fields you can select to import and export. Refer to the Omgeo OASYS Integration Guide for more information about the import/export record function.
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Omgeo. All together now.
Americas
Omgeo LLC
22 Thomson Place
Boston, MA 02210 [email protected]
Tel: 1 866 49 OMGEO (1 866 496 6436)
Asia
Omgeo Pte Ltd
18 Science Park Drive
Singapore 118229 [email protected]
Tel: 65 6775 5088
Europe
Omgeo Ltd
Aldgate House
33 Aldgate High Street
London EC3N 1DL [email protected]
Tel: 44 20 3116 2424
Japan
Omgeo K.K.
Akasaka Park Building
5-2-20 Akasaka
Minato-Ku
Tokyo, 107-6119
Japan [email protected]
Tel: 813 4589 3950
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