Quick Start

Overview

The Securities Deposit feature in the WHALE Securities Management System supports users in creating new client securities deposit requests and conducts reviews in accordance with business rules to ensure that clients’ securities deposit activities are compliant and efficient.

Quick Start

Prerequisites

Broker information initialization must be completed

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Menu path: Stock Management - Broker Config

Click the "Add" button, and in the modal that appears, enter the information under each tab as appropriate.

If an existing broker information record needs to be edited, deactivated, or activated, these actions can be performed in the operations column of the target record.

Definitions

Manual Deposit

Back-office operators submit securities transfer-in requests according to the client's instructions.

Step 1: Select the client and confirm the market to which the deposited securities belong for this transaction, the transfer-out broker, the account name, account number, and other related information.

Step 2: Enter the deposited security’s code, confirm whether it is a physical stock, specify the custodian, enter the quantity of shares being transferred in, and provide any necessary remarks based on the actual situation.

If the shares being transferred in are physical stock, select "Yes" for the "Is Physical Stock" option.

Notify Broker

If the client has not confirmed this transfer with the counterparty broker, back-office operators can use this function to notify the counterparty broker of the details of the client’s transfer in order to proceed with the standard transfer process.

Step 1: Select the broker to which the email should be sent.

Step 2: Select the target application number.

Processing Securities Deposit Applications

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Transfer In > Transfer In

After selecting the target record, click the "Submit" button.

If the client has already notified the counterparty broker, the "Notify Broker" status can be checked within the modal.

Processing Securities Deposit Details

After selecting the target record, click "Process" and confirm whether the result is "Successful" or "Failed."

If the securities deposit is for physical stock, when submitting a successful processing result you must choose whether to freeze the securities; if freeze is selected, you must also specify the unfreeze time.

After submission, the request must undergo an additional approval. Click to generate the approval work order, and once confirmed to be correct, the securities will be deposited into the system.

If the securities deposit is for physical stock and freezing was selected at the time of posting, the system will subsequently allow unfreezing either automatically at the "Estimated Unfreeze Time" or manually.

After submission, the request must undergo an additional approval. Click to generate the approval work order, and once confirmed to be correct, the unfreeze will be completed.