Switch Instructions on a Contract

Go to the relevant contract, select Add Instruction under the Active Instruction card and select ‘Switch’ as the Instruction Type

Select the client account on the contract on which the switch must be done

Option A

Specify the instruments and proportions to sell

Select Next to specify the instruments and proportions to buy

Select next to view a summary of the sells and buys

The system will show a final confirmation page with all the relevant sells and buys. You can Save this instruction to come back to at a later stage or Submit it for processing

After submitting the switch instruction, authorise the instruction

The sells will now be included in dealer instructions created, followed by the buys after the sells have settled

Option B

On the sell part of the switch instruction, select Rebalance switch

You can now do a Rebalance by specifying the end result of what the Contract composition should be after the switch has completed. The system will calculate what instruments need to be bought and what instruments need to be sold.

Select next to see instruments that will be sold

After selecting next again, the instruments and proportions that will be bought will be displayed

Selecting next will display a summary of the buy and sell part of the rebalance, which can be submitted and then authorised

Last Updated on 2 years ago by Antoinette Van Meyeren