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Numerator – Actual.
Denominator – 365.
Denominator Basis = 3% Per Annum.
Liquidation will be calculated in the following manner:
= 3/100*120/365
If the Denominator Basis was Per Period = 3/(100*120)*(120/365)
4.1.2.6 Specifying Rekey Fields
When an Option contract is invoked for authorization - as a cross-checking mechanism, you can
specify that the values of certain fields should be entered before the contract is authorized. This is
called the Rekey option. Check the box ‘Rekey Required’ to enable this option.
While defining the product you have to indicate the fields whose values you need to enter before
a contract is authorized. Thus it becomes mandatory for you to enter the values of rekey fields for
all contracts linked to the product.
You can specify any or all of the following as rekey fields:

Contract Currency

Option Premium

Counter Currency (applicable only for Currency options)

Maturity Date

Premium Currency

Value Date
If no rekey fields have been defined, the details of the contract will be displayed immediately
when the authorizer calls the contract for authorization.
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