You can define a new security type via the Security Type Wizard or directly within the grid.
From the Tools menu, click Edit Definition Master. The Definition Master opens to the Securities screen.
In the left hand column under Customized Data, click Security Types.
From the menu toolbar located above the grid, click the Security Type Wizard button. The Security Type Detail dialog opens to the Basic tab. All fields in blue are required.
In the Security type code box, enter the code that represents the security type. It must be unique within an entity that shares the security definition, like an office. Limit 10 characters.
In the Type Description box, enter the description of this type. Limit 60 characters.
Click the Security Category drop-down to select the category type of the security.
Click the Income Type drop-down to select the income source of this type of security.
Click the Income Currency drop-down to select the currency type of the income.
Check the Reinvest Dividends box to indicate that this type of security allows dividend reinvestments.
Click the Trading Type drop-down to select how this type of security is traded.
In the Default Settlement date box, enter in the number of days between the trade date and the settlement date.
In the Quantity Precision box, enter the decimal places for number of shares in transaction.
Check the Matures/Expires box to indicate that this type of security has a maturity or expiration date.
Check the Forward Contract box to indicate whether this type of security is forward contract or not.
If you have selected an Income Type, then click on the Income tab to enter income data. (If you have selected None as your Income Type, then the Income tab is disabled.)
Check the Variable Rate Security box to indicate whether this type of security can have a variable interest rate schedule. Default is unchecked.
Click the Frequency drop-down to select the interest/coupon/dividend payment frequency.
Click the Day type drop-down to indicated the accrual interest day type used to calculate accrual of interest.
In the Coupon Delay box, enter the number of days between the coupon date and the date the payment is received.
Check the Pays on Month End box to indicate whether the coupon payment is paid on the last day of the month or on any day of the month.
Check the Trade with Accrued Interest box to indicate whether the market price reflects accrued interest or not.
Check the Zero Coupon box to indicate whether the security of this type pays a coupon or not.
Check the Simple Interest in Last Period box to indicate whether the final coupon payment will be included in the yield calculation or not.
To save this security type and enter a new one, click the Save + New button. To save this security type and close the dialog box, click Save + Close.
From the Tools menu, click Edit Definition Master. The Definition Master opens to the Securities screen.
In the left hand column under Customized Data, click Security Types.
From the menu toolbar located above the grid, click the +Add Rows button. A new row in the editable grid appears.
In the Security type code column, enter the code that represents the security type. It must be unique within an entity that shares the security definition, like an office. Limit 10 characters.
In the Type Description column, enter the description of this type. Limit 60 characters.
Click the Security Category drop-down to select the category type of the security.
Scroll across the screen and enter in details about the security type. Because you can define all security types in the grid, some columns may not apply to your security type.
When you are done entering details, click the Save button. The newly defined security appears in your Securities list.