Clearing & Settlement
Contents
1. the search El Trade Details results in a Buysell BrokerCode MemberCode MemberClientReferer Name OrderId BrokerRef ClearingMemberCode Remarks spreadsheet For more details on conducting a search refer the section titled Search Function in the General Functionality section 23 t gt ace Clearing amp Settlement Position Query To go to the Position Query interface do one of the following Pr Click the Position Query link on the Dashboard s Trades Query Manual Bank Transactions Select Settlement Position Query on the menu bar Client Positions You can view position information of dients using this page E nen Search Client Positions By Client Ref Search Search m Unique Client Code criteria E Clients Unique Client Code Name Search results E E E 13 3 Balances Export to Exce Open position B F MTM Gain Loss value Instrument Open Position B F Day Open Position Net position Average Price 0 rows yet Allows the user to download the search resultsin a spreadsheet Note Positions can also be queried by the PAN ID through the next tab By PAN For more details on conducting a search refer the section titled Search Function in the General Functionality section 24 Gh Manual Bank Transaction To go to the Manu2. a O ace kotak anchored Enterprise Commodity Exchange The Dashboard ace Clearing amp Settlement After login the user will be presented with the ACE Clearing Dashboard The Dashboard consists of a set of links which will direct the user to the functionality within the system Clearing amp Settlement Home Collateral Allocation gt Delivery y Clients gt Dashboard Welcome to Millennium Clearing Dashboard Dashboard Collateral Allocation e Collateral Allocation slap Delivery 1ntentions a Intention Submission e Search Intentions clients e Search Clients Create Client e Client Upload Fr Settlement Trades Query Early Pay In Management e Position Query e Submit Early Pay in Requests e Search Early Pay in Requests File Management Master Data T Matching Millennium Clearing Version 3 0 0 23 1 Copyright 2009 Millennium Information Technologies gt EOD Phase 2 Complete Settlement Reports Fi Reports Daily Setdement Obligation a Manual Bank Transactions 5 Oct 25 2010 Allows the user to logout of the system 8 Madhuka CMionaceqa3 J Change Password amp Logout ace Clearing amp Settlement Basic Interface Operation Drop Down List Clicking on the arrow will display a list of all available values for the selected control The user can then select desired value fro
3. commodity Exchange setiement CLEARING MEMBER MANUAL Version 1 1 millennium information technologies innovation is power INFORMATION CONTAINED IN THIS USER MANUAL IS PROPRIETARY TO MILLENNIUM IT SOFTWARE LIMITED AND IS CONFIDENTIAL IT SHALL NOT BE REPRODUCED OR DISCLOSED IN WHOLE OR IN PART TO ANY PARTY OTHER THAN TO ANY INDIVIDUAL WHO HAS A NEED TO PERUSE THE CONTENT OF THIS DOCUMENT IN CONNECTION WITH THE PURPOSE FOR WHICH IT IS SUBMITTED OR USED FOR ANY PURPOSE OTHER THAN THE PURPOSE FOR WHICH IT IS SUBMITTED WITHOUT THE WRITTEN APPROVAL OF MILLENNIUM IT SOFTWARE LIMITED Clearing amp Settlement Table of Contents ace INTRODUCTION 4 Trades Query 23 About Millennium Clearing and Settlement 5 Position Query 24 Getting Started with ACE Clearing 6 Manual Bank Transaction 25 Login 6 gt COLLATERAL ALLOCATION The Dashboard 7 Basic Interface Operation 8 Collateral 27 Collateral Allocation 28 GENERAL FUNCTIONALITY 9 10 REPORTS Search Function Daily Settlement Obligation 30 Basic Search 10 Advanced Search 11 DELIVERY 32 Saving a Search 12 Delivery 33 Personalizing a Saved Search 13 Intention Submission 34 Deleting a Saved Search 14 Submitting a New Intention 35 Search Intentions 36 CLIENTS 15 Edit Intentions 37 Client Creation 16 Early Pay In Management 38 To Create a Client 17 38 Client Data 2 Submit Early Pay In Requests 39 Client Search 19 Search
4. search results Ciara as csv file Ed Modification Intention Accepted Matched Rejected Intention ID Member le Contract ad ars Allowed Oty Del Oty Del Oty Del Oty Del Internal Intention Lots Lots Lots Lots Edit Modify Audit Details Other Details Added By amila Remarks Client Code Contra party Date Added 10 9 2010 Intention Type User Changed By amila Generated For more details on conducting a search refer the section titled Search Function in the General Functionality section 36 ct ace Clearing amp Settlement Edit Intentions 1 Click the Edit option available on the Search Intentions screen The edit option is visible only when an intention is expanded 2 The user will be directed to the Edit Intentions screen 3 The following fields can be edited Client Code Side Delivery Centre Intention Quantity 4 Click Save to confirm the changes Intention Accepted Matched Rejected _ Clearing Trading Client Delivery Modification gei TE pun x Intention ID Member ar Cade Commodity Contract DateApplication Centre ide Allowed Qty Del ud nm ing le Internal Intention E EM e itted Audit Details Other Details Added By amila Remarks Client Code Contra party Date Added 10 9 2010 Intention Type User Changed By amila Generated Edit Intentions 2 You can E
5. Add Record button under the Address tab This will display fields for address details and make the other tabs accessible To clear all fields under a tab click the Remove Record button If mandatory fields have been left blank at any stage the user will be prompted to enter a value and cannot proceed until this is done Enter all required data and click the Save button to save the client Click New Client to create another new client Clicking Cancel clears all fields and reverts to the Dashboard 1 2 3 4 de 6 44 8 Clicking Reset All clears all fields and allows user to re enter client information Create Client M Create new dient using this page L Main Details Client Reference Date of Incorporation DOB Surname Date Agreement Ey Middle Name Declaration Country of Residence INDIA Nationality Bank Accounts Identification Depositories Introducers 2 Add Record Remove Reco No rows yet e You must enter a value Client Reference amp You must enter a value 8 Client C You must make at least one selection Gender You must make at least one selection 9393030 Save New Client Reset All ace Client Data The user needs to enter the relevant data in order to create a new client Description Client Details First Name First name of the user Client Reference Surname Middle Name Country of Residence Nationality Client Type Drop down
6. Early Pay In Requests 40 Client Records 20 A Client Upload 21 SEEN 41 Document Change Control 42 SETTLEMENT MANAGEMENT 22 ace Clearing amp Settlement ace Clearing amp Settlement About Millennium Clearing and Settlement The Millennium Clearing amp Settlement system ensures fast and secure transaction processing for clearing and settlement The system can be integrated with any trading system and can process transactions in real time or in a batch or at end of the day The system is fully parameter driven to allow for rapid customization of the product to suit each client s business best practices Getting Started with ACE Clearing Login Entering the URL for the ACE Clearing and Settlement system in the browser window Internet Explorer version 7 or later is recommended will take the user to the login interface de 2 Enter the Username The user id assigned to the user by the system Enter the Password The password is set by the user and permits only that particular user to use the system under the entered Username Click the Login Button This will enable the user to successfully login to the system LogIn Millennium Clearing gt Verifies the user input and on successful validation of the Username amp corresponding Password grants access to the startup window Clearing amp Login ace Settlement Username
7. Settlement This section w escribe some of the common functionality of the system ace Clearing amp Settlement Search Function The search feature is a common functionality that gives the user access to a search entities within the various modules The user can either use the Basic search feature or the Advanced search feature Basic Search 1 Select a Match option All Displays search results that match all the specified search criteria Any Displays search results that match any of the specified search criteria 2 Define the search criteria Click Search 4 Clicking Reset clears search criteria Q Search Saved Search TMIntentionSearchCriteria Match AIT Any Side DateApplication Ee Commodity Contract 2 iv Delivery Centre Intention ID M InternalIntention Client Code ste E O G Search Reset ace Clearing amp Settlement Advanced Search The advanced search is similar to the basic search in functionality However it allows the user to define operators for the search criteria 1 Select a Match option All Displays search results that match all the specified search criteria Any Displays search results that match any of the specified search criteria Define the search criteria Select the relevant operator from the drop down list To introduce additional search criteria click Add Fields and select the required fields from the drop down li
8. button 1 2 de 4 Early Pay In Request Using this page you can Submit Early Pay in Requests E Early Pay In Details Clearing Member 4001 Trading Member 4903 Commodi Contract Date of Early Pay In 10 26 2010 Hame of Depository Requested Qty I New Early Pay In Cancel ace Clearing amp Settlement Search Early Pay In Requests The Search Early Pay In Requests screen allows the user to search edit the details of a submitted Early Pay In Request F2 Delivery To go to the Search Early Pay In Requests interface do one of the following Intentions e Cli i s Intention Submission Click the Search Early Pay In Requests link on the Dashboard aa Select Delivery Early Pay In Management Search Early Pay In Requests on the menu bar Pay In Management a Submit Early Pay in Requests Search Early Pay in Requests View Early In Using this page you can Search Edit Early Pay in Requests El Search Early Pay In Transactions Switches between Basic Search ad area eoa options Saved Search DeliveryEarlyPayInCMSearchVOCriteria Match Al Any Trading Member Commodity Search Allows the user TIEF criteria to select a previously saved search Date of Early Pay In E Transactions No rows yet ICIN Details Mo rows yet Note En E Editing an Early Pay In Request can also be carrie
9. includes the following options Individual Mutual Fund Body Corporate Non Tax paying entity Others Gender Drop down includes the following options Female Male N A Date of Incorporation DOB Select a date from the attached calendar Date Agreement Select a date from the attached calendar Declaration Drop down includes the following options No Yes PAN PAN ID Address Bank Accounts Identification Depositories Introducers Details related to introducer of client Pri jmd e b p Clearing amp Settlement semen Client Search The Client Search feature allows the user to search for a particular client and view the client details To go to the Search Clients interface do one of Ea Clients the following Click the Search Clients link on the Dashboard red len m JI Select Clients Search Clients on the menu bar e Client Upload Allows the user to select a previously pd ae saved search Search dients in the system You may use wildcards such as in the search field Search Clients O Search essen Le Match Al C Any Client Reference Name Search criteria Client Type Declaration Search results Address Line 1 Address Line 2 Address Line 3 Postal Code City CountryName For more details on conducting a search refer the section titled S
10. 0 00 0 00 0 00 ace Clearing amp Settlement ace Clearing amp Settlement Delivery The Delivery Management System deals with the delivery settlement procedures of a particular Contract at the end of the expiry date of the Contract as well as during the interim periods This is a procedure carried out in addition to the cash settlement of a particular Futures Contract which happens on a daily basis The Delivery component consists of the following sections Intentions Early Pay In Management ace Clearing amp Settlement Intention Submission Intention Submission will be the starting point of the whole Delivery Settlement Process where the Seller Buyer who wishes to deliver the commodities submit their intention for a delivery settlement of a particular Open Position for that Contract Ss Delvery To go to the Intention Submission interface do one of the following Intentions e Click the Intentions Submission link on the Dashboard 2 Intention Submission Select Delivery Intentions Intentions Submission on the menu bar e Search Intentioris Early Pay In Management Submit Early Pay in Requests a Search Early Pay in Requests Users can carry out the following actions with regard to intentions Submit Intentions Delete Intentions Edit Intentions Modify Intentions Intention Submission O Crea
11. al Bank Transaction interface do Fr Settlement one of the following e Trades Query e Position Query Manual Bank Transactions e Click the Manual Bank Transaction link on the Dashboard Select Settlement Manual Bank Transaction on the menu bar Allows the user to select a previously saved search Manual Bank Transactions Using this page you can Search Manualy Enterd Bank Transactions Search Manual BankTransactions Citi Switches between Basic lt uveascarch Manacor A e E RS TE EN Match 4O and Advanced search options a AT Any Member Account Wo Member Bank Na i Search criteria jJ Transaction Date i Traneacton Type E Transactions Add Record Reset Amount _ i _ _ Member Branch Member Code Status Transaction Date Transaction Type AA FF Member Account No Member Bank Name _ M i Search results E EJ ace For more details on conducting a search refer the section titled Search Function in the General Functionality section 25 ace Clearing amp Settlement ace Clearing amp Settlement Collateral Collateral refers to the various deposits guarantees and securities that are pledged by a clearing member for the purpose of covering the losses and margins required for him by the clearing house The
12. capture of client information through an upload file in a csv file format Upload File Displays a summary of Number of Successfully loaded records ol loaded rejected Number of Rejected records 0 records El Error Log No rows yet Displays details of rejected records errors Cancel Download Error Log Allows the user to download a file containing details of errors that occurred during upload ace Clearing amp Settlement semen Trades Query To go to the trades query interface do one of the FR Settlement following a Trades Query Position Query Manual Bank Transactions Click the Trades Query link on the Dashboard Select Settlement Trades Query on the menu bar Trade Search Search for trades in Millennium CnS Trade Search Search Search Transaction No criteria Date Trade Eb Symbol a Search Reset amp Search Results Transaction No Date Trade Trade Time A SettlementAmount 75 000 TradeReportId T10Dcs9a_6 AddedBy ACEQA8 DateSettlement 16 10 2010 SettlementType 0 DateChanged DateSettled TransactionTime 18 OCT 10 ChangedBy CurrencyType INR DateAdded 14 10 2010 Allows the user to download Search results Trade downloa
13. d out through the Search Early Pay In Requests screen For more details on conducting a search refer the section titled Search Function in the General Functionality section 40 ct ace Clearing amp Settlement ace Clearing amp Settlement Document Change Control 18 10 2010 ee First non draft version of the ACE Clearing and Settlement Clearing Member manual 25 10 2010 Added ACE Clearing and Settlement logos and ACE Commodity Exchange logos to the __ manual Commodity Exchange
14. dit Intentions using this page Intention Details Intention ID 2 Delivery Centre Mumbai Commodity ATF Ar Contract ATFAPR10 en Clearing Member 1000 amp Status Intention Submitted Trading Member 1000 Intention Type User Generated Client Code Date Application 10 9 2010 Internal Intention Mo Side ace Clearing amp Settlement Early Pay In Management If a Clearing Member transfers a particular quantity worth of ICINs WRs from his account prior to the Delivery Pay In Date such details need to be recorded separately in the system A Submit Early Pay In screen will capture the requests made for a Delivery Pay In Transfer of ICINs from the Seller s Demat account to the Exchange Demat account which is carried out prior to the actual Delivery Pay In Date applicable for that delivery matching Early Pay In Requests can be entered to the system at any time during the day intra day ace Clearing amp Settlement Submit Early Pay In Requests Intentions To go to the Early Pay In Requests interface do one of the following s Intention Submission e Click the Submit Early Pay In Requests link on the Dashboard CORN e Select Delivery Early Pay In Management Submit Early Pay In Requests on the menu bar 15 Pay In Management Click the Add Record button Specify the Early Pay In Details Click Save To add another record click the New Early Pay In
15. e do one of the following Li Reports e Click the Daily Settlement Obligation link on the Dashboard a Daily Settlement Obligation e Select Reports Daily Settlement Obligation on the menu bar Reverts to default values submit Query Generates report Daily Obligation Summary Report Parameters Enter values for the parameters Trade Date Desformat HTML RTF Page Orientation Landscape Allows the user to view the report in HTML or RTF format 4 Clearing amp ace Settlement Collateral Allocation Delivery Clients Settlement gt Reports CLRBREP05 v1 0 6 Daily Obligation Summary as on 25 10 2010 Clearing Member Code 2500 Obligation Date 25 10 2010 Payment Date 26 10 2010 MTM Profit Loss for the day Total A Collateral Information Description Actual Deposit Valuation After Haircut Total Collateral Available Total Margin for the Day Less Total Spread Benefit Margin Final Margin Margin Receivable by Member B Amount from Member A B Open Position Clearing Member Trading Member Client Level Total for Clearing Member Margin and MIM Cain Loss Please Mentor Talar Member boat Lovell Maras Total for Clearing Member Seieren E Trading Oct26 2010 2500CM1 on acega3 Change Password Logout gt 1 19 10 2010 08 48 AM Amount 0 00 0 00 Eligible Collateral 0 00 0 00 0 00
16. earch Function in the General Functionality section 19 ct ace Clearing amp Settlement Client Records The user can perform any of the following actions on a selected client record View Audit details a Edit Delete Expanding a client record will allow the user to Allows the user to view more details edit client details Deletes the Client Client Reference Gender Client Type Status Declaration J CCT D Audit Edit Client Audit Details Other Details Added By ACEQA3CS Date Changed Date of Incorporation DOB 01 10 2010 Date Last Transaction Date Added 07 10 2010 Status Changed By Nationality IN Date Agreement Change By Date Status Changed Remarks Opens Client Audit Details page Audit Detail shows any changes made to the client and by whom they were made ace Clearing amp Settlement Client Upload Enables the capture of client information through an upload file in a csv file format Ag Clients To go to the Client Upload interface do one of the following e Search Clients e Create Client e Click the Client Upload link on the Dashboard gt Client Upload Select Clients Client Upload on the menu bar Opens the File Upload dialog box allowing the user to select the required file Client File Upload Upload csv File Offline Client Creation Es Upload Information Client File D Upload Summary Enables the
17. m this list Scroll Bars A scroll bar allows the user to navigate a list which is too large to fit in the display area The user can scroll through the list by clicking and dragging the scroll bar or by clicking on the scroll buttons Tabs Some interfaces E g the Search interface use Tabs to group information fields by relevance Sorting Columns When information is displayed in a tabular form this information may be sorted in ascending or descending order by clicking on either the Barrow ascending or M arrow descending Moving columns When the cursor turns into a move pointer f as it is placed over a column header the user can then move that column either to the left or right in the table Expand Collapse buttons the user can utilize these buttons to view more or less information on an interface Settlement E EOD Phase 2 Complete El Oct 252010 amp Madhuka_CMionacega3 Change Password amp Logout Home Collateral Allocation v Delivery v Clients v Settlement y Reports v Search Clients Search dients in the system You may use wildcards such as in the search field E Search Clients Search ES savedsearch TMcientvocriteria iw Match 9 All Any Client Reference Contains 1 Name Contains mi rp C Search Results Client Reference tank Accounts 3 Depositories Introducers Postal Code E City CountryName Country ace Clearing amp
18. play the drop down list 2 Select the Personalize option 3 The Personalize Saved Searches pop up will appear 4 Select the saved search to be modified from the drop down list 5 Change the Name of the search if required 6 Check any or all of the following options as required Set as Default Sets the search as the default Run Automatically Show in Search List Te Click Apply to apply changes Clicking OK saves changes 9 Cancel clears any changes made gt E Q Search ETT saved search Match 3 All Any Personalize Saved Searches side y ABC 0 _ DateApplication ES Commodity m Contract Deliw Cent SE V Set as Default ners Run Automatically Internallntention im 4 Show in Ed Client Code roni ox conca O Status m Clearing amp Settlement ace TMIntentionSearchCriteria um ace Clearing amp Settlement Deleting a Saved Search Click the arrow to display the drop down list Select the Personalize option The Personalize Saved Searches pop up will appear Select the search to be deleted from the drop down list Click the Delete button A Warning pop up will requesting confirmation to proceed with the delete Click Yes to delete the saved search 1 2 3 4 3 6 re 3 Click No to return to the Personalize Saved Searches dialog box without deleting Search wQ Match All Any Personalize Saved Sea
19. rches Side Date Application Personalize Delete Saved Search ABC 1 Commodity Contract Delivery Centre Set as Default nO Run Automatically InternalIntention m Show in Search List Client Code Status OK Note The user will not be able to delete a saved search if the particular search is currently selected ace Clearing amp Settlement Client Creation Clients represent investors who will hold positions in the system via the trades carried out by the trading users To go to the Create Client interface do one of the a ms following s Search Clients e Click the Create Client link on the Dashboard e Select Clients Create Client on the menu bar Create Client Create new client using this page E Main Details Theme 0 Gender z Client Reference e Date of Incorporation DOB JB Ma ead Date Agreement RG a m dename Dec me ration by Country of Residence INDIA PAN A Nationality Client Type k h Bank Accounts Identification Depositories Introducers Record Address Type Address Line 1 Address Line 2 Address Line 3 Postal Code i ite Country Name Country ace Clearing amp Settlement Save neucie EN EX ace Clearing amp Settlement To Create a Client Enter client data in the appropriate fields Click the
20. st Click Search C Domo D Clicking Reset clears search criteria ES savedsearch TMintentionSearchCriteria se Search Match Any Side Equal to 2 DateApplication Equal to Commodity Equal to mm Contract Equal to Delivery Centre Equal to Intention ID Equal to M Internallntention Equal to Client Code Contains The user can select an e Q 4 operator from the drop Search Reset Add Fields down selectors for each search criterion Clearing amp Settlement Saving a Search Click the Save button The Create Saved Search pop up will appear Type in a name for the saved search 1 2 3 4 Check any or all of the following options as required Setas Default Sets the search as the default Run Automatically Save Results Layout saves the results layout 5 Click OK to save j e i E ag ze Search Advanced Saved Search TMintentionSearchCriteria Match All Any ide eee fish DateApplication e Create Saved Search EN 2E r Commodity 0 mna Name Contract Im T PA E Delivery Centre E Iv Set as Default i Iv Run Automatically Intention ID Me BR 2 Save Results Layout ua oue InternalIntention Ea Cancel Client Code _ Status e Search Reset Save Personalizing a Saved Search 1 Click the arrow to dis
21. system has pre defined types of acceptable collateral each having its own attributes and validations The following forms of collateral are currently accepted in the system Cash Bank Guarantee Fixed Depository Receipts Securities Warehouse Receipts Collateral Allocation Through this screen a Clearing Member will be able to allocate Collateral to his respective Trading Members To go to the Collateral Allocation interface do one of the following e Click the Collateral Types link on the Dashboard e Select Collateral Allocation Collateral Allocation on the menu bar Collateral Allocation Allocate collateral to trading Members Clearing Member 17071 root in n Available clearing 77 ur member collateral details Trading Member Collateral Allocation MemberCode MarginLimit MarginUtilized 17071 3 000 000 0 The respective Trading Members Clearing through that Clearing Member Collateral History View 17081 3 000 000 Shows the Historical view with regard to Collateral Allocate Collateral Allocation Collateral Allocation 111 Clearing amp Settlement ace Clearing amp Settlement ace Clearing amp Settlement Daily Settlement Obligation The Daily Settlement Obligation report is a system generated report that can be viewed by the user To go to the Daily Settlement Obligation Report interfac
22. te a new intention and add to the system E Intention Details Clearing Member 4001 Trading Member 4001 zx Client Code Commodity na Contract m Side m Oty Del Lots Delivery Centre ace Clearing amp Settlement Submitting a New Intention 1 In the Intention Submission screen click the New Intention button 2 Specify the Intention Details Clearing Member Clearing Member associated with the Client submitting intentions will be auto populated based on the logged in Trading Member Trading Member Trading Member associated with the Client This field will be automatically set to the logged in TMs ID Client Code Will be a registered client code for which the delivery intention is submitted A validation should be in place to ensure that the Client code specified is a Client code of the logged in TM In case of Hedge codes user will specify hedge code as client code Commodity Commodities trading on the exchange Contract The user will be able to select a Contract by filtering through the Commodity Side Whether it is a Buy intention or a Sell intention Qty will be the amount for which the intention is submitted and this will be considered in terms of Delivery lots Delivery Centre will be defaulted to the base delivery centre which has being specified for the Commodity 3 Click Submit x Intention Submission Create a new intention and add to the system E Inten
23. tion Details Clearing Member 4001 Trading Member 4001 Client Code Commodity Contract Side m ELN ote Oty Del Lots Delivery Centre 7 Only ITCMs amp TCMs can submit Intentions e through the Intention submission screen New A For other clearing members only the search intention screen will be available ace Clearing amp Settlement Search Intentions The Search Intentions feature allows the user to search for a particular Intention and view the details i D Delivery To go to the Search Intention interface do one of the following e Click the Search Intentions link on the Dashboard Intentions s Intention Submission e Select Delivery Intentions Search Intentions on the menu bar e Search Intentions Early Pay In Management e Submit Early Pay in Requests Search Early Pay in Requests Search Intentions 3 Search intentions in the system You may use wildcards such as in the search field El Search Delivery Intentions Search sus bere Basie Saved Search TMIntentionSearchCriteria Match O any and Advanced search options Side Pe DateApplication Commodity ei Search Allows the user to select a previously saved search Delivery Centre r3 Intention ID InternalIntention Client Code Status Le Allows the search Reset save E Search Results user to save the Export To Excel To Export To Excel
Download Pdf Manuals
Related Search