Fund Order - Discounted Price

KODIAK Oms can work with several different asset classes, including fund orders.

When placing a fund order, add the name of the instrument into the instrument input box. KODIAK Oms will register that the instrument is a fund order and change the Client Order parameters accordingly.

Client Order parameters

Field	Description	Notes
B/S	Buy or Sell order
Quantity	The Quantity being bought or sold
Instrument	The symbol/company	Autocomplete text box. Type in the first letters and the system will suggest from available instruments.
Amount	Price - used to specify a limit price for the order.
Settlement	Type of settlement	Quantity or amount
Trade date	Date of which the trade was registered
Settlement date	When the trade will be settled.
Broker	The broker that the order will be sent to	Default for icelandic markets is INET
Client
Name	Name of client	When name is entered, OMS will automatically find the clients information and open his portfolio.
Communication	The method of communication in which the order came in	Choose between phone, mobile, email, instant messaging programs, in person, general internet or undefined.
Client Comment	Add an optional client comment.
Discount %	Amount of discount, if applicable
Portfolio	Clients portfolio	KODIAK Oms will automatically open a clients portfolio when the client has been added.
Account	Choose clients account, if available.
Fee type	What kind of fee client will be charged.	Percent, basis points, cents per share, fixed amount, max basis, clean spread.
Fee	Amount of fee to be added to the order.
Other fee	Other fee to be added to the order.
is advice order	Check box if the order is an advice order.
Paid in cash	Check box if the order is paid in cash.
Show MiFid.	Click to show clients MifFid registration.

Summary

When all fields have been filled out, a summary will be calculated for the trade on the right side of the client.

Summary
Client SSN	The clients social security number (kennitala)
Ref ID	Reference ID of the order.
Instrument	Name of instrument
Quantity	Total amount being ordered
Price ISK	Price of each share
Value	Total value of amount of shares
Fee	Fee amount for transaction
Other fee	Other fee, if available.
Total fee	Total amount that is going to fees
Total	Total sum of all values.
Discount%	Amount of discount in percentages.
Discount price	Price with discount
Discount amount	Total amount of discount in ISK
Total w. discount	Total summed up amount.