Term Buy—Order Details tab
Items in the table appear in alphabetical order.
Item
Type
Description
Account
drop-down list
Select the account you are depositing the term investment into.
Action
drop-down list
Select Buy from the list. Note that the colour of the dialog will change, depending on the action selected.
Close
button
Cancels all entries and closes dialog.
Comments
text box
Enter any comments regarding the order, if desired.
Date & Time of Client Contact
date/time
Indicates the date and time of the advisors communication with the client. The field is separated into two fields, the date followed by a button to launch the standard date selection popup and then the time.
Days/Months/Years/Maturity date
text boxes
Enter the length of the term or enter the maturity date.
The Days, Months, Years and Maturity fields calculate off of each other. For example, if you enter “2” in the Years field, the maturity date will change to 2 years from the present system date once you tab out of the field. Or if you enter a date in the Maturity date field, the Days, Months, and Years fields are calculated once you tab out of the Maturity field.
Face value
text box
Enter the dollar amount of the buy, or the amount that will settle.
First Interest Date
date
Change calculated date, if desired. Note that you cannot change this date with all investments.
IA Code
display only
Identifies the transaction advisor that placed the order.
Interest instructions
drop-down list/button
To determine the payment instruction on the interest earned during the term of the investment, select from the list.
Interest Payment Frequency
drop-down list
Select an interest payment frequency.
Investment
drop-down list/button
Select the investment from the list, or click Find to search for one.
Issuer account #
drop-down list
If the client already holds a term investment for the same issuer, enter the account number of the issuing institution (bank, credit union, trust company, etc.).
Level Interest
check box
Select to create the term buy order with “level interest”. This is only applicable if the investment allows level interest payments. Change order should be investment first and account second, similar to the buy screen.
Maturity instructions
drop-down list/button
To indicate the maturity instruction for the principal portion of the maturing transaction, select from the list.
Rate Details
tab
Click to enter the interest rate of the term investment. You can also allow for single or multiple entries in the case of stepped rate transactions. For more information, see Rate Details.
Rate guaranteed
check box
If the rate is guaranteed, select the check box.
Recommended/Not Recommended
option buttons
If the order was recommended, click the Recommended option button. Otherwise, click the Not Recommended option button.
Settle source
drop-down list
Select one of the following:
Client
Dealer
Intermediary
Issuer
Settlement account
drop-down list
Select the account from which you want to buy the term investment.
Source of Funds
drop-down list/text
Indicates the source of funds for the order.
This field is a combination of a drop-down to select the source of funds value and a text box to capture an additional comment for the selected source of funds.
Tax Details
tab
Select tab if you are transferring assets between accounts where there may be tax implications. For more information about the Tax Details dialog, see Tax Details.
Trade date
text box
Enter the trade date of the transaction, or click the Calendar button to select a date. If the trade date is different than the issue date, the trade date can be adjusted at confirmation.
Upcoming Events
button
Enabled if a term code has been entered in the Investment field. Opens the Upcoming Events dialog. For more information, see Viewing Upcoming Events.
Yield
percentage
Enabled and defaulted to '0.0000%' when the Term type drop-down has a value of 'Stepped Rate' selected for the term investment in R•Broker Administrator. Otherwise, displays 0.0000% and cannot be modified.
4. Enter information in all the fields, as described in the following table, then do one of the following:
a) If you want to submit the order right away, click the Submit Now button.
b) If you want to add the order to an order bundle, click the Add to Bundle button. The order can now be viewed, edited or submitted with other orders in the Bundle tab.
c) To cancel your order entry without submitting, click Close.