Create dealer instruction before money transfer is completed

In cases where dealing takes place through a trading account where trades are allowed to be booked and confirmed prior to the money showing in the trading account, it is necessary to setup the trading account to ‘Allow proceed with next allocations before matching’

Go to the relevant trading account and tick ‘Allow proceed with next allocations before matching’

When a Money Transfer is created on a buy to the relevant Trading account, the option would be available to select that the dealer instruction can be created before the Money Transfer has been finished.

TAKE NOTE: ‘Proceed with Allocation Before Matching’ on the Money Transfer will only be available to users with the global permission ‘Proceed cash transfer allocations before matching button’

Last Updated on 6 years ago by Tinus Burger