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Step 2. The Order is executed on the market. The client order gets a new Workflow status: Allocation Ready
Picture: Client orders grid view
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Step 4. The “Is Forward Contract” should be checked.
Result: Forward contract details appear on the right side.
Picture: Allocation Window
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The transaction should now be visible in the Transactions table in Kodiak Derivatives Client and the contract can be created from there.
MiFID
When the "Is Forward Contract" checkbox is selected, the system handles the contract as a forward contract under MiFID regulations. This means that MiFID categorises the contract appropriately based on its forward nature, distinguishing it from regular contracts where the checkbox is not selected.
Picture: Create Client Order - regular contract MiFID
Picture: Create Client Order - forward contract MiFID