The Record Detail page allows you to view all of the relevant information for an individual announcement. It contains an overall event summary and is divided into four tabs (1).
Click any tab to see the relevant information:
Event Details. This contains important information about the event itself. It is where you will find most of the information you need.
Comments. Here, you will see any external comments about the event (e.g., why an event was canceled). Comments from the ISO 20022 message will appear here.
Related Events. Here, you will see a list of events that are occurring for the same security as well as those that have already occurred, plus any possible future events.
Documentation. This tab will contain links to any relevant outside information, such as press releases and prospectuses on reorg events.
A floating menu on the right (2) allows you quick access to any section of the record detail page. Click to expand this menu from anywhere on the page.
For reference, click here to see a list of Sub-Issue Type Codes.
At the top of the page is a tan Event Summary area. It is visible regardless of the tab you are viewing. It summarizes the event at a high level and provides you with security detail information and the status of the event, allowing you to refer quickly to this data from wherever you are on the event record page.
The information displayed here varies according to the event type. Some information elements are common to all event types, while others are specific to the kind of event they describe. The common information includes the CUSIP, Issue Description, Security Description, Asset Class, and Asset Type.
The Processed at DTCC indicator (1) lets you know whether or not the event is being processed at DTCC. If it is not, then this page is informational only. The DTC and Declared Mandatory/Voluntary indicators (2) let you know whether you need to act on this event.
Numeric codes and acronyms that are not self-explanatory are described on the screen. When you place your mouse over the field, you’ll get an explanation of the data.
At the bottom, you can see the status of the event itself (3). Hover your mouse over the codes to see if this event is Approved, Conditionally Approved, Cancelled, or Deleted.
For additional system data, click the gray arrow (4). Here, you can research timestamps related to the announcement. You can see when the announcement was created, when it was last updated, and how long it will be active.
The Select Action menu (5) allows you to refresh the page, view the audit trail, and request the related ISO 20022 message. You can also search for a CMO factor audit trail or submit a corporate actions related inquiry directly to the WINS system.
The Event Details tab provides a wealth of information beyond the event summary, allowing you a full, clear picture of the event.
Notes about this page:
Click any black header line to open that twisty (the white triangle on the left “twists” open and closed) and view that section’s information in full. These sections vary based on the event type; not all information is relevant to all events.
Click on any field name to see a mini audit trail for that field, including the last update for that information.
Hover over codes or acronyms to see a tooltip with a longer explanation of the code (1).
A green check next to a field indicates that the information provided is final – no further changes will be made. A blue circle next to a field indicates that the information is expected but not yet available (2).
Some important sections on this page are detailed below.
This section shows the function code this event is being mapped to from the old system, explaining where the event came from. It is especially useful for ISO clients taking ISO 20022 messages as it ties in the old function codes and activity codes and provides the RDP reference number for each.
The Event Details tab opens with the Event Level twisty open. It provides you with the relevant dates and processing information for the event itself. Some important fields here include:
EDS Messaging Eligibility Flag (1). This indicates whether the event is eligible for the electronic submission of instructions by clients via ISO messaging, as not all events are eligible.
Cancelled Flag (2). If the value is “Y,” this event was canceled in the market.
Interim Accounting (3). If the value is “Y,” interim accounting is available and the Due Bill Redemption Date field is displayed here. If the value is “N,” only the Record Date (a) is displayed as the Position Capture Date (b). If interim accounting is the only option, it is reflected in the Interim Accounting Only flag (c).
Click the black header line (1) to open this twisty. It contains a full list of the options available on this event.
Click the dark blue header line to open the twisty for each option. The top option is always the default option; information here includes whether the default is a declared default, whether it is a DTC default, and whether it is supported by DTC. If the option has been deleted, the Delete checkbox will be checked (2).
Click the light blue Payout line to open the twisty for each payout option. If the payout option has been deleted, the Delete checkbox will be checked (3).
The Rates and Prices section (4) shows you the DTC Rate and the Declared Rate. Click the field name for either to see source information for the rate.
The Tax Treatment US Sourced Income section (5) shows you the NRA tax codes.
Based on the event type, you will see other twisty sections on the list. Some common sections include:
Terms/Conditions/Vendor Text: If there are any terms or conditions specified for this event, or if there are any comments from the vendor, they will be displayed here.
Agents: This contains the agent type, agent ID, and contact information for the agent involved in this event.
Source Comparison: Select up to 20 records from the source information list box and click Compare. A separate window opens with columns containing a complete listing of the data for each selected source that this record is drawn from.
On this tab, you can see the external comments made on this event. These comments generally come from the ISO message and include information such as the reason why an event was cancelled.
This tab displays any other events that have occurred (or could occur) on the same security. Here, you can see any related event history as well as any possible future events that are expected to occur on the same security.
Click the CA ID (1) to open the Record Detail page for a related event.
You can also compare these events with the current one by selecting the checkboxes next to each and clicking Compare (2). You can compare up to 10 events at a time.
This opens a separate Composite Comparison window that provides a side-by-side comparison of the events’ key data. Data for the current event is presented in the first column (3). This is especially useful for tracking rate histories and P&I factors.
When relevant, this tab provides you with links to press releases, letters of transmittal, reorganization event prospectuses, ADR Depositary Fees, and any other documentation that relates to this event.
Please note that Important Notices are provided in the Event Level section of the Event Details tab when applicable.
Not all events will have corresponding documentation.
CORPORATE EQUITY |
|
Sub-Issue Type |
Description |
010 |
Common Stock |
011 |
Convertible Common Stock |
012 |
Common Stock REIT |
020 |
Preferred Stock |
022 |
Preferred Stock REIT |
023 |
Convertible Preferred Stock |
024 |
Tender Rate Preferred Stock |
030 |
Limited Partnership |
040 |
CMO Denom in "Units" or "Undivided Interest" |
041 |
ABS Denom in "Units" or "Undivided Interest" |
042 |
Issue Denom in "Units" or "Undivided Interest" |
102 |
Auction Rate Preferred Stock (ARPS) |
110 |
American Depositary Receipt (ADR) |
111 |
Depositary Share |
112 |
Municipal Option Call Right |
117 |
Exchange Traded Funds |
120 |
MMI Preferred Stock (in CP-like mode) |
121 |
Equity 144A Designated Investors |
125 |
Sealed Envelope |
126 |
Custody User CUSIP |
130 |
Real Estate Investment Trust (REIT) |
700 |
Package |
705 |
Equity Derivative |
710 |
Option Derivative |
720 |
Warrant |
730 |
Right |
760 |
Mutual Fund |
761 |
Closed End Fund |
762 |
(IMMI) Institutional MMI Mutual Fund Shares |
780 |
Equity Unit |
790 |
Unit Investment Trust (UIT) - Nuveen Only |
795 |
Unit Investment Trust (UIT) |
CORPORATE DEBT |
|
Sub-Issue Type |
Description |
450 |
GNMA REMIC Securities |
451 |
GNMA Pass-Through Securities |
452 |
GNMA Serial Note Securities |
500 |
Corporate Bond (CB) or Global Bond Corp (GCB) |
502 |
MMI Bankers' Acceptance Note (BA) |
504 |
MMI Institutional Certificates of Deposit |
505 |
Certificated Money Market Instrument |
506 |
Certificated Money Market - Periodic Player |
507 |
Certificates of Deposit |
510 |
CPI Interest at Maturity (IAM) Commercial Paper |
511 |
Periodic Payment Commercial Paper |
520 |
CPI Discount Commercial Paper (CP) |
525 |
MMI Corporate Commercial Paper |
526 |
MMI Corporate VRDO/CP |
530 |
MTN Medium Term Note |
531 |
MMI Deposit Note |
532 |
MMI Medium Term Bank Note |
533 |
MMI Medium Term Note |
540 |
Collateralized Mtge Obligation or Global CMO |
541 |
Asset-Backed Security (ABS) or Global ABS (GABS) |
542 |
Non-CMO/ABS Amortizing Issue |
545 |
Corporate 144A Designated Investors |
546 |
Corporate Other Tax Exempt |
550 |
MMI Short-Term Bank Note |
551 |
Z CPN Denom in Initial Principal Amt |
560 |
MMI Discount Note |
571 |
Corporate Auction Rate Note |
572 |
Convertible Corporate Debt |
573 |
Corporate Variable Mode Obligation (CVMO) |
574 |
Corporate Short-Term Note |
575 |
Corporate Debenture |
576 |
Corporate VRDO / Municipal VRDO (MMD) |
577 |
Corporate Insured Custodial Receipt |
578 |
Tender Rate Note |
579 |
Zero Coupon Bond |
601 |
Government Security |
602 |
Government Trust Certificate |
603 |
Junk and Treasury Growth Receipt (JGR) |
610 |
U.S. Treasury Security |
611 |
U.S. Treasury Bill |
612 |
U.S. Treasury Note |
613 |
U.S. Treasury Bond |
620 |
U.S. Government Agency Security |
704 |
Corporate Debt Derivative |
781 |
Debt Unit |
MUNICIPAL DEBT |
|
Sub-Issue Type |
Description |
310 |
Municipal Bond |
311 |
Municipal Note |
312 |
Municipal Auction Rate Note (ARN) |
313 |
Municipal Variable Mode Obligation (VMO) |
314 |
Municipal Variable Rate Demand Obligation (VRDO) |
315 |
Municipal Insured Custodial Receipt |
320 |
MMI Municipal VRDO/CP |
330 |
MMI Municipal Commercial Paper |
340 |
Bearer, Callable Zero Coupon Bond |
346 |
Municipal Other Tax Exempt |
706 |
Municipal Derivative |
708 |
Municipal Amortized Issue |