Manage Virtual Security Transfer

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Introduction

You can use Virtual Security Transfer on the platform to move assets virtually between your bank account and a strategy.

Term (A–Z)	Definition
Bank Account	The bank account linked to the portfolio for settlement purposes.
Commission	Any transfer or processing fee related to the virtual transfer.
Full Quantity Execution	Execution of a virtual security transfer order for the total quantity specified; partial execution is not allowed.
Product	A strategy (product) associated with the security for tracking purposes.
Product Subscription	Securities withdrawn from Bank Account and moved into the Strategy (Sub Type = In).
Product Unsubscribe	Securities withdrawn from the Strategy and moved back to the Bank Account (Sub Type = Out).
Strategies	Investment strategies available on the platform; these can receive virtual transfers and generate strategy-related transactions.

👉 New to some terms? Check out our full Platform Glossary for more.

Platform Name	Permission ID	Permission Level
Orders	Orders	View, Modify, Create
Trade Orders	Orders trade	View, Modify, Create

Go to Orders on the platform, find it either from:
- Portfolios > Orders tab.
- Transactions > Orders tab.
Select Virtual Security Transfer as the order type.
When you create this order, fill in the following required details.

Detailed Form Fields Here:

Field Name	Definition	What to Fill In
Portfolio*	The investment portfolio from which the security will be transferred.	Select the portfolio involved in the transfer.
Bank Account*	The bank account linked to the portfolio for settlement purposes.	Choose the relevant bank account.
Order Initiator*	The person creating the virtual security transfer order.	By default, the platform fills in the current user but you can change it to another user or assign a different responsible person.
Instrument*	The security or financial instrument to be transferred.	Select the specific instrument by Internal/External or By Ticker search.
Sub Type	Indicates the direction of the security movement: whether the instrument is being moved into or out of the portfolio/strategy.	Choose “In” if the securities are being moved into the strategy/portfolio (subscription), or “Out” if the securities are being withdrawn from the strategy/portfolio (unsubscription).
Quantity*	The number of units of the instrument to transfer.	Enter the full quantity to transfer, or adjust manually if partial.
Balance	The current available asset in the portfolio before transfer.	Pre-filled by the platform; read-only.
Product*	Links the transfer to a specific Strategy (Product) for tracking purposes.	Select the strategy/product associated with the security.

The order is created and it appears on the orders list.
Double click on the row or three-dots menu to Assign & Edit or Execute the order.

🔗 Learn more here on how to Execute Order.

Virtual Security Transfer orders can only be executed in full quantity, not partially.

Detailed Fields Table Here:

Field Name	Definition	What to Fill In
Trade Time*	The exact date and time when the virtual security transfer is considered executed.	Select or enter the execution time (platform may auto-fill with the current time).
Value Date*	The effective settlement date when the transfer is booked in the platform.	Pick the date when the securities should reflect in the portfolio (e.g., today’s date or a future settlement date).
Quantity*	The number of security units being transferred. Here, full quantity execution is only possible.	Get the total quantity to transfer from leaves quantity.
Leaves Quantity	The portion of the order that remains unexecuted.	Auto-calculated by the platform; review only.
Commission (optional)	Any transfer or processing fee related to the virtual transfer.	Enter commission amount, if applicable (can be 0).
Additional Charges (optional)	Any other charges associated with the transfer (e.g., custodian, regulatory, or service fees).	Enter applicable charges, if any.
Additional Charges Currency	The currency in which additional charges are applied.	Select from dropdown (e.g., USD, EUR, AED).
Description (optional)	Free-text field to add comments, notes, or internal references about the transfer.	Provide remarks or leave blank if not needed.

Click Submit once done.
Upon submission, the platform processes it virtually and generates the necessary transactions to move assets into or out of the strategy.

Where to Check Execution:

You can also verify the order status and related transactions under the Strategies > Requests tab.

When your order is executed, two types of transactions are generated:

Strategy Transaction
- Shows the units of the strategy added to your Portfolio.
- quantity and netAmount → Positive values.
- instrumentName → Strategy ID.
Cash Reduction Transaction
- Shows the cash deducted from your bank account.
- quantity and netAmount → Negative values.
- instrumentName → Strategy ID.

Transaction Attributes
- Status = ACTIVE
- Status Reason = Confirmed

We do not receive bank transactions for this type of operation, so you need to confirm them manually.