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Final
CLS-Eligible
CLS-Matched
Open
Verify or
Final
Re-Open
Update
transaction +
Apply
Any tag
Update
transaction +
Apply
Popup Message:
“Cannot be
moved with
transaction tag
CLS-Matched”
Transaction
updated and
saved in
database.
Put on tag CLSEligible if the
criteria is meet,
if no longer meet
remove tag CLSEligible
Popup message:
“Transaction
cannot be
updated with
current tag”
*When amended:
An amended forward/spot trade looks and acts the same way as a regular forward trade does in
the workflow, with two exceptions. It has one additional tag, “CLS-Amend”, and it populates
different fields in the message sent in the export.
Verify
CLS-Eligible
CLS-Amend
CLS-Send
CLS-EXPORT
activity is run
Tag CLS-Send is
removed and CLSSent is added.
The export file
sends “AMND” in
field :22A:
All other scenarios are the same only that the additional tag “CLS-Amend” is added. One trade
can be amended to CLS an unlimited number of times. If the trade is matched an amendment
can still be sent to CLS.
Therefore a trade with status “CLS-Matched” can, if all tags are cleared, be sent to CLS again.
However, when you amend a matched trade in CLS, the trade will go to the “unmatched
basket”. For the trade to match again the counterparty need to either amend their side or send in
a new trade.
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