7.0.0-dev.85

Event Model - Create_Transfer Can Set the positionState on Securities-Lending Trades

Background

For securities lending, knowing whether a trade has "Settled" is imperative, as this controls whether specific lifecycle events can be performed upon it.

What is being released?

• Adding logic to the Create_Transfer function to update the positionState to Settled if the payout obligations have been fulfilled.
• New functions to determine whether the payout obligations have been fulfilled, i.e., do the transferred security and cash amounts match the quantities on the payout.

Review Directions

The changes can be reviewed in PR: #4378