Trade transaction is allowed Only if Sum of Equity in itemization of new Accounts = Sum of Trade Equity of existing (old) Accounts = Sum of Equity Transfer Amount in Trade Details.

• If Equity Validation is successful, Trade transaction is processed with following changes on respective accounts:

  Table G-1 Equity Validation

  Changes to Existing (old) Account

  Changes to New Account

  Trade Details is populated with Equity Transfer details. TRADE EQUTY is recalculated and updated based on Transaction Date. TRADE Transaction is posted and Equity Transfer details status is updated to COMPLETED. Trade related EQUITY OUT TRANSFER transaction is posted with Equity Transfer Amount. For more information, refer to Equity Out Transfer Transaction section. ACH processing is stopped. One last metro II reporting is generated with account status as PAID-OFF. Future billing is stopped. Adjust minus transaction is posted. Account status is updated as TRADED. This status indicates that there is no more Trade Equity available on the account.

  Trade Details is populated with Equity Transfer details. EQUITY IN TRANSFER transaction is posted with traded transaction amount. For more information, refer to Equity In Transfer Transaction section. Status of Trade Details is updated to COMPLETED.

• If Equity Validation fails, Trade transaction is not processed and following updates are posted on respective accounts. However, a failed Equity Validation can be manually corrected as explained in Error Rectification section.

  Table G-2 Equity Validation

  Changes to Existing (old) Account	Changes to New Account
  Status of Trade Details is updated to FAILED. TRADE MISMATCH transaction is posted along with a condition - EQUITY MISMATCH DURING TRADE.	Status of Trade Details is updated to FAILED.