External Guarantees

The purpose of the db trader External Guarantees function is to capture the security guarantees and pledges which are arranged between a customer account and an external counterparty. This activity may reflect the customer as the beneficiary of the guarantee or pledge (incoming), or as the obligor to an external beneficiary (outgoing). Customer positions in each security are maintained based upon the direction of the activity (in/out).

Highlights

Guarantee Numbers Classify Guarantees and Pledges
Guarantee Entry Defaults from Master Files
Automated Commission Fee Calculations
Automated Maturing Guarantees Process
Corrections & Cancellations
Verification
Customer Positions On-Line
Information System Inquiries
Historical Audit Trail
Annualized Guarantee Commissions
External Guarantees Reports

 DB TRADER              External GUARANTEE ENTRY Add                  GUAR01 
 528                                                                  122794
  ---------------------------------------------------------------------------
  ACCOUNT NAME     532SEC                        ACCOUNT NUMBER     53240000
  SECURITY NAME    LETTERS OF GUARANTEE                                         
  - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
  IN/OUT             O                     GUARANTEE NO        000053240000
  TRANSACTION TYPE   GUAR
  PRINC/QTY          ----------------
  PAY CCY            CHF                   TRADE CCY           CHF
  PAY CCY RATE       -------1.0000000      TRADE CCY RATE         1.0000000
  CONTRACT DATE      122894                EFFECTIVE DATE      122894
  ORIG GUAR MAT DATE ------                ORIG FEE MAT DATE   ------
  FEE CALC           Y ------ %            RISK FACTOR         100
  BENEFICIARY        ------------          CONFIRM TYPE        02
  CURRENCY ACCOUNT   ----53200001
  TEXT   -----------------------------------
         -----------------------------------
         -----------------------------------
         -----------------------------------
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 ENTER-Input         7-Account          9-Security      11-Tables
    12-Override Pay CCY Rate           14-Position      15-Hardcopy    16-Exit