FBINV - Floor Broker Invoice

What is FBINV

The 2 features are creating an accounting document and reversal/bust thereof.

When a company is operating separate Clearing and Floor commissions (ctrl20_sepflrbrkcomsn), FBINV is used to create the accounting entries for the Floor broker i.e. a settlement advice (DA document style). Floor/execution brokers that are setup in CLI (View/trading details) to be paid separate from clearing broker ill activate in TERM the collection of the FB commission and FBINV can then be used to create the accounting entries and mark the trades as Invoiced.

Reporting of FB commissions is also available in

a) TOPEN will show the combined commission on the House position, the Broker position will only show the clearing broker commission

b) EQUITY will show the combined commission on the House position, the Broker position will only show the clearing broker commission

c) TENQ can show the FBroker and its commission and any Invoice reference