Bond - Record Adjusted Lot Transaction

Considerations

Use the Adjusted Lot action to set the 'baseline date A benchmark date used as a basis for comparison.' in order to prevent a corporate action from processing against a position that you have already adjusted.

Click one of the icons above to view either a list of the transactions available for that category, or click the Baseline Holdings icon to access the Add New Baseline Holdings page.

Procedure

From the Manually Record Trades page, click the Bond icon to access the Bond - Record Transaction page. From this page, select Adjusted Lot from the Action drop-down list. The Bond - Record Adjusted Lot Transaction page displays.

1. Select the account to which to record this transaction, from the In Account drop-down list. If you only have one account, this drop-down list is not displayed.

2. By default, the Action on this page is set to Adjusted Lot. To change this, select a different transaction from the Action drop-down list. The fields that display depend on the transaction that is selected.

3. Enter the purchase date in the Purchase Date (mm/dd/yyyy) field. You can also click the Calendar icon and select the appropriate purchase date from the calendar that displays.

4. Enter the 9-digit CUSIP of the bond in the CUSIP field. Click Verify to confirm you have entered the correct CUSIP for the bond.

5. Select the type of the security from the Security Type drop-down list. By default, this field is set to Bond for this transaction.

6. Enter the Quantity as of Baseline Date. By default, the face value of the bond is set to $1000. You can manually update the amount in this field if the bond for which you are creating an adjusted lot has a face value other than $1000.

7. Enter the Baseline Date, which is the last date that you updated your holdings and cost basis. You can also click the Calendar icon and select the appropriate baseline date from the calendar that displays.

8. Enter the Total Cost as of Baseline Date.

9. To record the Adjusted Lot transaction, click the Record button. To record the transaction and continue to enter additional transactions, click the Record & Repeat button. To leave this page, without recording the transaction, click the Cancel button.

Example

Click here to view an example of the Bond - Record Adjusted Lot Transaction page.