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Batch Trading Process

The Batch Trading Process screen allows the TSM user to combine multiple buys and/or sells into a file called a “batch” file. This file is typically sent to the trading platform and trust platforms for recordkeeping purposes.

How to access the Batch Trading Process screen

Click the Trading menu, then click Batch Trading Process. The Batch Trading Process screen appears.

How to use the Batch Trading Process screen

Use the following process to batch transactions on the Batch Trading Process screen.

1.   Click Trading.

2.   Click Batch Trading Process. The Batch Trading Process screen appears.

3.   Choose any of the Batch Criteria, Transaction Criteria, Date Criteria, Sort Criteria, Participant Order or Grouping fields to find (and sort) a list of transactions to batch.

4.   Click Process Selection. A list of transactions appears for the criteria you entered.

5.   Find the transactions you want to batch together and click the Report box next to each transaction. If wanting to select all transactions on the screen, you are able to click the Select All button instead.

6.   Click the Create/Update Batch button. This creates a report of all transactions that are batched together.

7.   Click the Process/Report Batch button. A box appears indicating your batch number is in the Job Queue. You should view the Job Queue to ensure the batch process worked and a batch number was created.

8.   Follow your internal trading processes to complete any further trading on the batched transactions.

 

Explanation of Fields

Field Name	Field Description
Batch Criteria, Transaction Criteria and Date Criteria	Use the fields in these sections to filter transactions. At least one Transaction Criteria selection is required, and the date range is also required, with Batch Criteria options being optional.
Sort Criteria, Participant Order and Grouping	These sections are used to sort the transactions. One selection in each area is required, and will default to the system defaults.
Process Selection button	Once you have selected any filter and sort features, use this button to display the requested transactions.
Select All/Deselect All button	Used to select (automatically check the Reports box) or deselect transactions that appear in the transaction grid.
Create/Update Batch button	Click this button once you have selected the transactions you want to create the trading file for.
Process/Report Batch button	Click this button once you’ve clicked on the Create/Update Batch button. This processes the requested batched transactions.
Reports section	When you click any items within the Reports section, this will provide you with a report of the various transactions and include the Plan, Trust, Model, etc. that you’ve selected. If any option is checked in this section, it will not batch the transactions, it will only provide you with a report for those transactions.