Non-Tradable Lines

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Status: Best Practice Finalised, Last Updated: 29/09/2021

Description:
How should non-tradable lines be processed in corporate action systems?

Best Practice:
Where possible non-tradable lines should be booked and processed within firms corporate action system.

System limitation for many firms do not allow for non-tradable lines to be booked. Where this is the case an alternative tracking process should be in place. (COAC-150)