Security

Properties and table columns

The combination of ISIN and currency is unique. This makes it impossible to enter the same security, i.e. ISIN/currency, with different stock exchanges. In addition, these can no longer be changed after they have been saved for the first time.

• Name: For bonds and convertible bonds, the name should begin with the coupon rate. For example, “0.0219 IBK 19-25” for the Industrial Bank of Korea bond. In GT there is a functionality that reads the interest rate from the name, see Yield to Maturity. In addition, the interest rate is not stored anywhere else in the security.
• Leveraged inverse: Indicates a leveraged and/or inverse instrument. An open position increases the corresponding market exposure in the corresponding asset class according to the positive or negative leverage. This is only supported for ETF and ENT financial instruments. For an inverse security, this factor will be negative.

Asset class

• Selecting the asset class changes the visibility of the “Security split/s” tab. No split can be entered for bonds and convertible bonds. In addition, the selected stock exchange must provide price data, otherwise the security cannot have a split. In GT, a stock exchange can also be defined without price data.
• The choice of the asset class property also influences the visibility of other properties such as denomination.
• The asset class and financial instrument properties can no longer be changed for an existing security with one or more transactions.

Denomination

For bonds this is the smallest tradable unit, for fixed-term deposits it is the price. There is currently no validation for purchases and sales. It is therefore possible that an insolvent creditor may choose other denominations for partial or full repayment. In the case of bonds, this information is therefore primarily of an informative nature.

Stock exchange

• If a stock exchange without price data is selected, the “Historical prices for period” tab appears in the dialog.

Historical prices for period" tab

See also Security without price data.

Tab “Security split/s”

As mentioned in the chapter Historical data, a split of data sources is read in. It can happen that the data source does not track the split accurately in terms of time. For this reason, a split can also be entered manually. A split that has been entered manually is not overwritten or removed by the system.

A split is added by entering the Split date, the From quantity and the To quantity and then clicking Apply. The new entry appears in the table below the form. The ratio From quantity : To quantity describes the split: with 2 : 1 one share becomes two, 3 : 2 corresponds to a consolidation. Selecting a row in the table lets you edit or delete the entry. If an already-existing date is entered again, the entry overwrites the existing one for that date instead of duplicating it. The changes are only persisted when the whole security is saved.