Following are the assumptions while processing trade transactions in OFSLL:

• Trades, Splits and Combine transactions are permitted only within the same company.
• Single trade transaction is used to perform Trade, Discovery Upgrade, Downgrade, Split and Combine. Reason code or comment can be used to differentiate each process.
• Trade, Discovery Upgrade, Downgrade, Split and Combine transactions are updated with Status as TRADED.
• Downgrade should be performed by creating a new Account and posting trade transaction on existing Account.
• Reallocation of Asset after Rescission should be manually handled.
• Refund processing during Rescission/ Cancellation transaction are to be handled outside OFSLL.
• Fees, Expense and Sales Tax already applied on to be Traded, Rescinded or Cancelled Account are to be settled before transaction processing.
• Adjustment transaction posting for new Trade account during equity mismatch is to be handled manually.
• Statutory Rescission day validation is not supported in OFSLL.