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Return and New Trade

Return and New Trade



Best Practice

For example, Stock Splits & Conversions

Effects on SFTR reports:
-All events within this cluster require either:
i) Full closing out of an SFT to be reported via an ETRM (Termination / Early Term)
ii) Partial close out of an SFT to be reported via a MODI (Modification)
iii) A new SFT to be booked in addition to the existing trade, which is reported under a NEWT template
iv) Some of these CAs may trigger a resulting value change of the SFT - these will be reported via the daily COLU report. (COAC-119 FOR ISLA REVIEW)


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