Manage Security Transfer

Introduction

A Security Transfer allows you to move securities (like stocks, bonds or other assets) between bank accounts.

What a Security Transfer Is For

You use it to:

Update your portfolio when securities enter or Can leave your account.
Maintain accurate holdings and reporting for your accounts.

Essentially, it’s for tracking the movement of securities rather than generating any profit or loss from a market trade.

Create Security Transfer

From Orders

Navigate to Transactions (or from Portfolios) > Orders tab > Click on + icon.

Search for Security Transfer and fill in all the required fields.

Detailed Form Fields Here:

Field Name	Definition	Field Type	What to Fill In
Portfolio*	The portfolio where the security transfer is initiated.	Dropdown / Search	Select the portfolio from which the security will be transferred (Out) or to which it will be transferred (In).
Bank Account*	The bank account linked to the portfolio for settlement reference.	Dropdown / Search	Select the associated bank account.
Order Initiator*	The user or entity creating the order.	Dropdown / Search	Choose the initiator
Instrument*	The financial security being transferred (e.g., stock, bond).	Dropdown / Search	Search and select the instrument to be transferred.
Sub Type (In/Out)	Defines the direction of the transfer.	Dropdown	Select In for incoming transfer (positive) or Out for outgoing transfer (negative).
Quantity*	The number of units of the security being transferred.	Numeric	Enter the quantity of the instrument to transfer. The entered value itself is always positive but the Subtype determines whether the platform calculates the quantity: In → Quantity is treated as positive (securities coming into the portfolio). Out → Quantity is treated as negative (securities leaving the portfolio)

Then, click on Create Orders.
A pop up appears. Click Create to confirm and Close to go back.

Select the appropriate Sub Type:

In = Positive
Out = Negative

The new order will appear in the Orders list.
To proceed with the order, use the (three dots) menu to:
- Assign To
- Cancel
- Edit

Alternatively, you can double-click the row to open the order.

In the order window, execute the order. Once executed, the related Transaction will be created automatically.

Learn here on how to execute orders.

No price is required. All price-related fields (Gross, Net Amount, etc.) should be recorded as 0.

From Transactions

Go to Transactions > Click on + icon.

Search for Security Transfer, transfer type and click Create.

A form opens. Fill in the required details here.

Entire Form Fields Explained:

Field Name	Definition	Field Type	What to Fill In
Instrument*	The security (e.g., stock, bond, ETF) being transferred.	Dropdown / Search	Select the instrument from the database
Bank Account*	The bank account associated with the transfer.	Dropdown	Choose the relevant bank account.
Account Name*	The account where the securities are being transferred in/out.	Dropdown	Select the correct account
Custodian*	The custodian holding or releasing the security.	Dropdown	Select the custodian linked to the transfer.
Trade Time*	The date/time the transfer is effective.	Date & Time Picker	Default: corporate action date. Can be adjusted if needed.
Value Date	The settlement date when the transfer takes effect.	Date Picker	Default: Trade Date + 2 business days.
Sub Type	Direction of the transfer.	Dropdown	Choose IN (received) or OUT (sent).
Quantity*	Number of securities being transferred.	Numeric Field	Positive for IN, negative for OUT.
Price Currency*	The currency in which the security price is denominated.	Dropdown	Select from dropdown (e.g., USD).
Price*	Transfer price (not used in transfers). In some cases, a reference price (e.g., market or book value) may be entered for reporting or valuation, but it does not affect charges or cash.	Numeric Field	Always enter 0, as security transfers are non-monetary movements. No charges or cash impact are applied, whether the subtype is In/Out.
Payment Currency*	The settlement currency.	Dropdown	Select from dropdown
Commission	Fees charged for the transfer.	Numeric Field	Can leave blank or enter 0.
Description	Free text to describe the transfer.	Text Field	Example: Demo Purpose.
Additional Info/ Cash Info
Value	Transaction value.	platform-calculated	platform auto-calculates (Qty x Price = Value)
Gross Amount	Gross cash amount of the transaction.	platform-calculated	platform auto-calculates (always 0).
Net Amount	Net cash amount after deductions.	platform-calculated	platform auto-calculates (always 0).
Net Amount Payment Ccy	Net cash amount in payment currency.	platform-calculated	platform auto-calculates (always 0).
Hierarchy
Parent-Transaction Number	Links to parent transaction.	Dropdown / Text	Select or input reference if applicable.
Multileg	Indicates if part of a multi-leg transfer.	Checkbox	Check if linked to another transfer (default: checked for IN/OUT pairs).
Relations
Order	Links to an order (if applicable).	Dropdown	Optional – select if related.
Strategy Info	Links to a strategy (if applicable).	Dropdown	Optional – select if related.
Reporting
Market Type	Market classification. Choose: DMA, OTC, EOMS	Dropdown	Can leave blank for transfers.
Trade Type	Classification of trade type.	Dropdown	Can leave blank for transfers.
Venue	Venue of trade execution.	Dropdown	Can leave blank for transfers.
MiFIR Reportable	Flag for MiFIR reporting.	Checkbox	Can leave unchecked (not reportable).
EMIR Reportable	Flag for EMIR reporting.	Checkbox	Can leave unchecked (not reportable).
Technical Info
Matched	Indicates if the transaction has been matched with the counterparty or custodian.	Checkbox	Select if matched, leave blank if pending.
External Reference	Identifier provided by an external platform, custodian, or broker.	String	Enter the reference ID from external source (if available).
Security Exchange	The exchange or market where the security is listed.	Dropdown	Select the correct exchange (e.g., NYSE, LSE).
Deal Date	The date when the transfer deal was agreed.	Date Picker	Choose the agreed deal date.
Error Description	Provides details if the transaction fails or is rejected.	String (multi-line)	Enter platform error or rejection reason (only if error occurs).
Settled	Shows if the transaction has been successfully settled.	Checkbox	Select once settlement is confirmed.
Payment Date	Settlement payment date, if applicable.	Date Picker	Enter the confirmed payment date.
Transaction Number	Unique platform-generated identifier for the transaction.	Auto-generated String	Auto-filled by the platform (no input needed).
IBAN	Bank account number used for settlement (if required).	String	Enter the IBAN of the settlement account.
Reversal	Indicates whether the transaction is a reversal of a previous one.	Checkbox	Select if this is a reversal transaction.
Actual Value Date	The effective date when the transaction value is applied.	Date Picker	Enter the actual value date once confirmed.

For Security Transfer In and Security Transfer Out transactions, there is no trade involved. These transactions only move securities between bank accounts and do not generate cash flow.

Price: Always recorded as 0
Gross Amount / Net Amount: Always 0

Once filled in, click on Save.
Upon saving, you’ll see a confirmation screen with options to:
- Create Another Transaction
- Check Transaction Details
- Close (the form)
The Transaction is created in the status = Pending Confirmation. Further Match/Allocate the transaction to Status = Active.