Guide to create an order in Spark (Extended)

WORKFLOWS ABOUT CREATE TICKETS IN DIFFERENT WAYS

CREATE A NEW TICKET WITH CONTEXT MENU

1. Right click -> Select Transactions -> New Order.

2. Choose Transaction Type (BY/CS/SL/SS).

3.Fill in the data and click Create.

CREATE A NEW TICKET WITH SHORTCUT

1. Click Ctrl + N.

2. Choose Transaction Type (BY/CS/SL/SS).

3. Click Create.

CREATE A NEW TICKET WITH RIBBON MENU (A)

1. Click New in Order Generation.

2. Choose Transaction Type (BY/CS/SL/SS).

3. Click Create.

CREATE A NEW TICKET WITHRIBBON MENU (B)

1. Click (BY/CS/SL/SS) in Order Generation.

2. Click Create.

CREATE A NEW TICKET WITH POSITION REPORT

1. Open “Position C” report located in “My Reports”.

2. Double click on a selected Position row. A ticket will appear with Security info already filled.

CREATE A NEW TICKET WITH REBALANCE REPORT

1. Open any of the Account Rebalance reports located in “My Reports” and “Main” ribbon tabs.

2. Edit the weight of one Symbol by typing the desired weight in “Target Wt%”.

3. With the row for which you modified the “Target Wt%” selected, click on Modeling and rebalance tab – Create Trades Button.

4. Open “Trade Preview” (if not already open) report located in “My Reports” ribbon tab, and check for the proposed order in the report.

5. Navigate to “Modelling and Rebalance” ribbon tab. Click on “Submit Trades” button after the checking is done.

6. “Submit Proposed Trades” pop-up appears. Select the trade and choose the following options:

• Click on “To FIX” button to create a FIX order and send it to FIX.

• Click on “To Blotter” button to create a FIX order in the Blotter.

• Click on “Manual” button to create a Manual order in the Blotter.

CLONE A TICKET

1. Select an Order.

Right Click -> Select Transactions -> Clone Order.

3. Edit data accordingly in this NEW cloned trade.

4. Click Replace.

WORKFLOWS ABOUT CREATE TICKETS IN DIFFERENT WAYS

CREATE A BY TRANSACTION – PURCHASE OF A SECURITY

• Option 1: Follow Workflow Create a new ticket with Context Menu. (Choose Transaction Type (BY) in Step 2).
• Option 2: Follow Workflow Create a new ticket with shortcut. (Choose Transaction Type (BY) in Step 2).
• Option 3: Follow Workflow Create a new ticket with ribbon menu (a) (Choose Transaction Type (BY) in Step 2).
• Option 4: Follow Workflow Create a new ticket with ribbon menu (b) (Choose Transaction Type (BY) in Step 1).

CREATE A SL TRANSACTION – SELL OF A SECURITY

• Option 1: Follow Workflow Create a new ticket with Context Menu. (Choose Transaction Type (BY) in Step 2).
• Option 2: Follow Workflow Create a new ticket with shortcut. (Choose Transaction Type (BY) in Step 2).
• Option 3: Follow Workflow Create a new ticket with ribbon menu (a) (Choose Transaction Type (BY) in Step 2).
• Option 4: Follow Workflow Create a new ticket with ribbon menu (b) (Choose Transaction Type (BY) in Step 1).

CREATE A SO TRANSACTION – SHORT OUT: REMOVING A SHORT POSITION

1. Right click -> Select Transactions -> Remove a Short Position/Cash.

2. Click Create.

CREATE A SI TRANSACTION – SHORT IN: INSERTING A SHORT POSITION

1. Right click -> Select Transactions -> Insert a Short Position/Cash.

2. Click Create.

CREATE AN LO TRANSACTION – LONG OUT: REMOVING A LONG POSITION

1. Right click -> Select Transactions -> Remove a Long Position/Cash.

2. Click Create.

CREATE AN LI TRANSACTION – LOG IN: INSERTING A LONG POSITION

1. Right click -> Select Transactions -> Insert a Long Position/Cash.

2. Click Create.

CREATE A CASH OR STOCK TRANSACTION DIVIDEND

1. Right click -> Select Transactions -> New Dividend.

• Choose Identifier, Broker.
• Choose Cash or Stock Dividend Type.
• Enter DPS, Ref. F/X, Settle Currency, Settle F/X, Ex.Date and Pay Date.
• Click Save.

2. Click Create.

CREATE A LINC TRANSACTION – LONG INTEREST INCOME: INTEREST INCOME ON A LONG SECURITY

1. Right click -> Select Transactions -> New Income/Expense/Accrual

• Choose LINC Transaction Type.
• Choose Identifier.

2. Click Create.

CREATE A SINC TRANSACTION – SHORT INTEREST INCOME: INTEREST INCOME ON A SHORT SECURITY

1. Right click -> Select Transactions -> New Income/Expense/Accrual

• Choose SINC Transaction Type.
• Choose Identifier.

2. Click Create.

CREATE A LEXP TRANSACTION – LONG INTEREST EXPENSE: INTEREST EXPENSE ON A LONG SECURITY

1. Right click -> Select Transactions -> New Income/Expense/Accrual.

• Choose LEXP Transaction Type.
• Choose Identifier.

2. Click Create.

CREATE A SEXP TRANSACTION – SHORT INTEREST EXPENSE: INTEREST EXPENSE ON A SHORT SECURITY

1. Rick click -> Select Transaction -> New Income/Expense/Accrual.

• Choose SEXP Transaction Type.
• Choose Identifier.

WORKFLOWS ABOUT ENTER THE TICKET INFORMATION

ENTER INFORMATION FOR A SIMPLE ORDER

In Security Area:

1. Enter Symbol in Identifier.

In Order Area:

1. Select Instructions (1).
2. Enter Limit Price and Stop Price (2).
3. Enter Target Quantity (3).
4. Select a Broker (4).
5. Check (M) checkbox if the trade is manual (6).
6. Enter Filled Quantity if the trade is manual (5).

* If the trade is handled by multiple brokers, follow Workflow Enter placements for multiple brokers.

In Strats Area (these tags and their order can be modified in Open Maintenance):

1. Select Tag 1 (Prime).
2. Select Tag 2 (Asset Class).
3. Select Tag 3 (Strategy).
4. Select Tag 4(Trade Idea).

* If the strats are different to many accounts, follow Workflow Enter strats for multiple accounts.

In Misc Area:

1. Check (Carry Over) checkbox to make it a Carry Over trade.
2. Check (Export) checkbox to make it to be sent in EOD Trade File.

In Notes Area:

1. Enter Notes.

In Allocations Area:

1. Choose Method Manual.
2. Enter TARGET for the selected accounts. For a Manual trade assure FILLED qty is filled too.

SELECT SECURITY USING SECURITY SELECTOR

In Security Area:

1. Click (…) next to Identifier.
2. Or start digit in the Identifier textbox.

In Security Selector:

1. Select Search By (Symbol/Label/SEDOL/ISIN/CUSIP/RIC/BBTicker).
2. Select Security Type (EQUITY/PHYSICAL/…).
3. Select Security SubType.
4. Select Currency.
5. Select Country.
6. Select Exchange.
7. Enter the keyword in Search.
8. Choose the security.
9. Click Select.

ENTER PLACEMENTS FOR MULTIPLE PLACEMENTS (OR HOW TO USE PLACEMENTS TAB)

Navigate to Placement Tab

1. Choose Placements Tab.
2. Click on “Click here to add a new placement”.

In Placement Area

1. Select Instructions.
2. Enter Limit Price and Stop Price.
3. Enter Target Quantity.
4. Select a Broker.
5. Check (M) checkbox if the trade is manual.
6. Enter Filled Quantity if the trade is manual.

Add for other brokers

Repeat the steps for other brokers.

ENTER STRATS FOR MULTIPLE ACCOUNTS (OR HOW TO USE STRATEGY ALLOCATIONS TAB)

Navigate to Strategy Allocation Tab

1. Choose Strategy Allocations Tab.

Enter the strats

1. Click on an account.
2. Select Tag 1 (PB).
3. Select Tag 2 (Strategy).
4. Select Tag 3 (PM).
5. Select Tag 4.
6. Select Tag 5.

Add for other accounts

Repeat the steps for other accounts.

ENTER ORDER NOTES (OR HOW TO USE ORDER NOTES TAB)

Navigate to Order Notes Tab

1. Choose Order Notes Tab

Enter the Notes

EDIT AND UPDATE A TICKET

UPDATE A TICKET

1. Select an Order.
2. Right click -> Select Transactions -> Edit Order.

*Alternatively, double click an order.

• Follow this article’s workflow Enter the Ticket.
• Click Replace.

DELETE A TICKET

1. Select an Order.
2. Right click -> Select Transactions -> Delete Order.

3. Delete Orders Pop-up open.

4. Click OK.

AUDIT AN ORDER (OR HOW TO USE AUDIT TAB)

1. Select an Order.
2. Right click -> Select Transactions -> Audit Order.

3. Check the Actions in Audit Tab.

WORK WITH AN ELECTRONIC (FIX) TICKET

SEND AN ORDER TO FIX

1. Select an Order with Status as “CREATED”
2. Right click -> Select Transactions -> Submit Orders to FIX.

3. “Submit Orders to FIX” pop-up appears.

4. Click OK. The Order’s status will change to “OPEN”.

CANCEL A FIX ORDER

1. Select an Order with Status as “OPEN”.
2. Right click -> Select Transactions -> Cancel Order.

3. “Cancel Orders” pop-up appears.

4. Click OK. The Order’s status will change to “CNLX_PENDING”.

5. Get the cancel confirmation from Broker. The Order’s status will change to “CNLX”.

SET A FIX ORDER TO MANUAL

1. Select an Order with status FILLED, CNLX
2. Right click -> Select Transactions -> Set FIX Order to Manual.

3. “FIX to Manual” pop-up apears.

4. Click OK. The Order’s status will change to “MANUAL”.

CHECK FOR ORDER’S FILLS (OR HOW TO USE EXECUTIONS TAB)

1. Select an Order with status FILLED, CNLX, OPEN (FIX orders only)
2. Right click -> Select Transactions -> Order Fills.

3. Check the Fills in Execution Tab.

OTHER WORKFLOWS THAT ARE NOT USUALLY USED

GROUP ORDERS

Remark that a Group order will be treated as ONE unique order with multiple placements.

– Choose 2 Orders (same symbol/transaction type/trade date/settle date/Broker). Click on one, and Click+Ctrl on the rest to select multiple orders.
– Click Group Order.

• Group Orders open.
• Click Accept and Edit.

Edit Order (Grouped) open.

• Click Replace.

UNGROUP ORDERS

– Choose grouped Orders.
– Click Ungroup Orders.

• Ungroup Orders open. Click OK.

CROSS SPLIT AN ORDER (OR LONG AND SHORT SIDE)

• Choose Order (Target is 1000).
• Click Cross Split Order.

• Split Orders open.
• Enter BY Target and CS Target (1000 to 500 and 500). Click Save.