Split provider

Splits are used for corporate actions such as splits or consolidations. If an issuer performs a corporate action, it becomes necessary to process this action in the system: either a split or a consolidation.

Table contents:

Name	Description
Account	the account holding the position for the instrument being split
Instrument	the instrument for which the split must be processed
Position amount	the current position volume on the account (before the split)
Value date	the settlement date of the split transaction
Trade date	the trade date of the split
Trade ID	the split trade ID (assigned after the split is processed)
Trade amount	the volume of the instrument in the position after the split is processed
Multiplier	the factor by which the initial instrument volume in the position will be multiplied or divided after the split
Remainder	the remaining fraction of a share after a stock split (for reverse splits), for which the client will receive a payout after the split is executed.
Status	the status of the split

For instruments where the After trading session field is set to Yes, all trades are considered, and splits are performed for all positions existing at the end of the day. If the value is set to No, only positions at the start of the day are used for the split.

If there is a remainder after a split and the status is Not divisible, you need to click the Make split remainder button. This will create a trade with transaction type Split remainder to buy/sell the remaining volume from the split.

Please note! If the position volume of an instrument is changed after split and remainder transactions have already been executed, the split status will switch to Wrong amount. To correct this, you must cancel the previously created transactions and then reprocess the splits.

The Make splits button allows you to process all splits with the Ready status. Once a split is processed, a corresponding trade and transaction will be created in the system.

To process a split for a specific instrument on an individual account, press the Make Split button in the relevant row of the table.

To cancel an individual split, click Cancel trade in the corresponding row of the table.

Please note! To cancel a split trade, you must first cancel the transaction. Its ID will be displayed in the notification when attempting to cancel the trade.

Important! Automatic split processing must be configured at 00:01

Split Statuses

Name	Description
Ready	the position is ready for a split
Previous day is not closed	the previous days on the account must be closed to process the split
Exists	the split has been processed, and a trade has been created for it
Wrong amount	occurs if a split was supposed to be performed after the trading session but was processed earlier

Please note! Splits with the Wrong amount status must be canceled and processed again.