Scenarios

Scenario A

Scenario A is the issuance of a corporate bond along with the order of the bond and settlement.

Issuing a corporate bond

  • Agent
Start at the Create Bond tab.
All fields not mentioned are optional
bond_screen
 
issuer
Choose an issuer of the bond.
 
cusip
Enter either a valid Cusip or Isin.
 
matdate
Enter a maturity date in the future.
 
facevalue
Enter the face value, and amount outstanding.
 
coupon
Enter the coupon details.
 
clickbond toastbond
Click the Create Bond button.
  • Trader
bondquote
A quote has been made on the bond just issued
 
viewquotes
Click on View Quotes and see the View Quotes screen
 
Click either Buy or Sell buysell
   
View the Buy/Sell screen buyscreen
 
buyorder
Make either a market or a limit order
 
marketorder
Since it was a market order, it was matched on the next block.
 
settled
Press settle and the system settles the transaction.

Scenario B

Scenario B involves a trader purchasing a US Treasury Bond

  • Trader
search
Search for Treasury bonds and press View Quotes.
 
govtbuy
After choosing Buy while viewing quotes, submit a Buy order.
 
matched
The system matches the order with a quote.
 
settle
Press settle and the system settles the transaction.