Create a Security Trade

View the "Trade Management: Security Trades" Quick Reference Guide

Use the Security Trades tab to create security trades and assign loan trades to security trades. First create the security trade on the Security Trade tab, and then assign Loan Trades to the Security trade in two ways:

Assign a loan trade from a security trade.
Create a loan trade from the Loan Trade tab, and then assign the loan trade to a security trade.

Create a security trade

Click the Trades tab, and then click the Security Trades tab.
Click the New icon.
Complete the Trade Info, Dealer, and Pair Offs sections.

Trade Info

Type a Security ID.
Type or select a Commitment Type, Trade Description, Security Type, and Program Type.
Type the minimum and maximum number of months for the Term.
Type the Coupon, Price, Trade Amount, and Tolerance percentage for the trade.
- The Minimum Amount and Maximum Amount are calculated automatically.
If needed, enter a Option Premium.

This field was introduced in Encompass 18.1.

Select or type the Commitment Date, Confirm Date, Settlement Date, and Notification Date.

Dealer

Pair Offs

Assign a loan trade from a security trade

Create and assign a loan trade from the Loan Trades tab

On the Loan Trades tab, create a loan trade as described in the Create a Loan Trade help topic.
To assign the loan trade to a security trade, in the Security Trade Information section, select a Security ID for the trade from the dropdown list, or type the Security ID.
- The Assigned Date field will populated with the current date.
- If you selected the Security ID, the remaining fields on the Details screen will be populated from the selected Security Trade.
- If you type a Security ID for a Security Trade that has not yet been created, a record for the Security trade is created on the Security Trades tab. Open the Security Trade from the Security Trades tab to complete the information described in the Create a Security Trade section above.

Allocate an MBS pool from a security trade

On the Security Trades tab, double-click an entry to open a security trade.
In the MBS Pool section, click Allocate Pool.
When the Allocate MBS Pools pop-up window opens, select one or more pools to allocate.
- Or use the Filter section to search for pools.
To allocate all or a portion of the pool amount, double-click in the Allocated Pool Amount column and enter the amount you want to allocate to the security trade.
Click Allocate.

Create and allocate an MBS pool from the MBS Pools tab

On the MBS Pools tab, create an MBS pool as described in the Create an MBS Pool help topic.
To allocate the MBS pool to a security trade, in the Security Trades section, click Allocate TBA.
Select one or more security trades to allocate.
- Or use the Filter section to search for security trades.
To allocate all or a portion of the security trade amount, double-click in the Allocated Pool Amount column and enter the amount you want to allocate to the pool.
Highlight the security trade rows and then click Allocate.

Create a Security Trade

See Also