Edit Trades Mode

The Edit Trades Mode allows the User to view, adjust and submit transactions for recalculation. This mode also allows the User to change the trading account when a transaction has cleared with an incorrect account number. Recalculation of trades and changing of the trading account can occur at the Transaction Summary and Transaction Details levels. Fee Details can also be viewed from this area. Note that the User must return to the Transaction Viewer and choose the Edit Trades Mode from the mode drop down menu, in order to execute these edit processes.

  1. If you have executed a change to an account within the Account Maintenance screen during the current business day, the system will automatically submit those transactions for recalculation during the open adjustment period. Therefore, if you are unable to view trades in the edit mode, they may have already been submitted. Select “View Trades” mode in your search criteria and check for one of the following adjustment indicators in your search results:
  • A = Allocation
  • N = No Adjustment
  • S = Record is split (i.e. left over quantity or unallocated quantity)
  • Y = Resubmit, Change Account, Change Trader ID
  1. There is a Rebate Period for these changes. Trades may only be EDITED during the current month and two months prior. The User may only view trades three months prior.
  1. The User will need to manually submit transactions for recalculation in the Transaction Viewer for which the User had added or modified Operator IDs in the Globex Registration Screen.

Transaction Summary

After executing a search in the Edit Trades Mode, the Transaction Summary screen will display.

The Edit Trades Mode defaults to View Details displayed in the top right corner of the Transaction Summary screen.

Using the Edit Trades Mode within the Transaction Summary Screen of Transaction Viewer

Edit Functions

The User may choose the action to be performed, whether it is to view the transactions, change the trading account number or submit transactions for recalculation.

At the Transaction Summary level or at the Trade Details level, the User may select from the drop-down list:

  • View Details - allows the User to select a specific line item from the Transaction Summary in order to view the Trade Details for that item (similar to the View Trades Mode). The User may also select View Details from the Trade Details level in order to view the associated Fee Details.
  • Change Account - allows the User to change the trading account number on transactions that cleared under incorrect account numbers, or to modify the account number associated to position transfer and adjustments records. An account change can be performed at the Transaction Summary level or at the Trade Details level.
  • Recalculate - allows the User to submit transactions for recalculation. Trades may be recalculated at the Transaction Summary level or at the Trade Details level.

NOTE: In order to use the Change Account and Recalculate functions at the Trade Details level, the User must select View Details at the Transaction Summary level.

View Details

To view the Trade Details for a particular item at the Transaction Summary level:

  1. Select View Details from the drop-down list.
  2. Click the check box in the row of one line item in order to view the details of that transaction.

View Details of a Trade within Edit Trades Mode of the Transaction Summary

  1. After selecting the appropriate item, select the Continue button.

NOTE: Only one line item can be selected at a time. If more than one check box has been selected, the User will receive an error message.

View Details - Error - Only One Item May be Viewed at a Time

At the Trade Details level, the User may again select from the drop-down list:

  • Show Fee Details
  • Change Account
  • Recalculate

Transaction Detail Screen in the Edit Trades Mode of the Transaction Viewer

Also at the Transaction Details level

  • To Change an Account or to Recalculate Transactions, follow the same steps outlined above.
  • To view Fee Details for a particular trade, select Show Fee Details in the drop-down menu.