E.3.2 Trading of Timeshare

Timeshare trading involves the following processes:
  • Trade Enquiry
  • Add/Update Trade Details
  • Trade Transaction (Upgrade, Downgrade, Split, or Combine)

On deriving contract equity of the trading account(s), a Trade Enquiry Transaction request is generated from third party origination system to OFSLL. Trade can happen on one-to-one account, or one to multi-account, and/or from multiple to single account. Based on this, a request is placed for new Account creation, and to populate Equity Transfer details from old to new account, and a Trade transaction on existing Account using Multi Account Onboarding with Transaction Posting services. This service facilitates to create new account with equity of old account. For detailed information of this transaction, refer to Trade Transaction section.

This section consists of the following topics: