This module will not be further enhanced. Support is limited to defect fixing only.

Introduction to Trading Calendar

This module enables the configuration of the trading or non-trading dates of the stock exchange, and the non-trading days of the week when certain instruments are not traded, even though the stock exchange is open and it is a trading day. Order placement and direct security trade entry are prevented for such dates or days.

The module is created to prevent order placement and trade entry on a date that is not a trading date for the stock exchange and the security doesn’t trade on a specific day of the week. Also, banks are able to set up the trading holidays at the stock exchange level. There is also a provision to indicate the days of a week when a particular security doesn’t trade. Any orders being placed on a trading holiday of the stock exchange or the day of the week when the security doesn’t trade will result in an error.

The management of the stock exchange trading or non-trading dates, and the instrument level – non-trading days of the week provides validation that the order placement and direct trade entry only takes place on those dates or days on which the stock exchange or instrument is able to trade.

The following items have been introduced as part of this module:

• The ILTRCL.TD.CALENDAR (Input Trading Holiday Dates) application has been created to capture the non-trading dates for a particular month and stock exchange. This will allow the stock exchange, month and year in the Id.
• The Non-Trade Days field has been added to the SECURITY.MASTER application to capture the non-trading days of the week (if applicable) for a security.

Click here to understand the terms and abbreviations used in this module.