---
title: "Trade Tickets"
slug: "trade-tickets"
updated: 2026-11-13T22:07:08Z
published: 2026-11-13T22:07:08Z
canonical: "docs.corporatecu.com/trade-tickets"
---

> ## Documentation Index
> Fetch the complete documentation index at: https://docs.corporatecu.com/llms.txt
> Use this file to discover all available pages before exploring further.

# Trade Tickets

The **Trade Tickets** screen allows credit unions to view and create trade tickets for security safekeeping. A trade ticket can be created for a Purchase, Sale, Free Delivery, or Free Receive.

The **Trade Tickets** screen is visible only with applicable permissions. Creating a new trade ticket is only allowed with applicable permissions. A Free Delivery trade ticket initiated by one User must be approved by a second User.

### **Trade Ticket History**

To view historical trade tickets, Users may search and filter across the following column categories:

- ID – Unique ID for each Trade Ticket
- Member – Your credit union
- CUSIP – CUSIP for the security associated with the Trade Ticket
- Amount – Total settlement amount for the Trade Ticket
- Type – Type of Trade Ticket (Purchase, Sale, Free Delivery, or Free Receive)
- Trade Date – Date of trade execution
- Settle Date – Date the trade settles
- Extract Date – Date the Trade Ticket information was extracted for processing
- Status – Current status of the Trade Ticket
- Action – Allows user to Delete the Trade Ticket

Sorting and filtering is available on all columns except Action . Click the **arrow** next to the column header to sort the column. The orange arrow indicates which column is currently sorting the information. Search within a column by typing information into the **Search** box located just under the column header, or by utilizing the column dropdown, if available. To clear filters, click the **x** located in the search box, or click the **Clear filters** option at the top right side of the card.

| **Status** | **Description** |
| --- | --- |
| **All Statuses** |  |
| **Draft** | The trade ticket created was save for completion later |
| **Pending Approval** | Seen by Users that did not initiate the trade ticket - indicates the trade ticket is awaiting approval |
| **Corporate Review** | The trade ticket is under review by the corporate |
| **In Review** | Seen by the initiating User when the trade ticket has been created and is pending approval |
| **Ready for Extract** | The trade ticket information is ready for submission by the Corporate for validation and trade completion |
| **Extracted** | The trade ticket is undergoing validation to finalize the trade |
| **Completed** | The trade ticket has finished the trade process |
| **Deleted** | The trade ticket was manually deleted or reprocessed |
| **Rejected** | The trade ticket was not approved for submission |

The Trade Tickets list defaults to show trade tickets with a Status of Draft, Pending Approval, Corporate Review, and In Review. The User may export the wire information to a PDF or Excel document by clicking the **Export to PDF** or **Export to XLSX** button.

![](https://cdn.document360.io/79b73003-772f-429b-afdd-b7e377cc9b05/Images/Documentation/trade-tickets-image-5k0d3d02.png?sv=2026-02-06&spr=https&st=2026-11-14T00%3A06%3A37Z&se=2026-11-14T01%3A06%3A37Z&sr=c&sp=r&sig=Fpz79EtP2hX8vQEuMlPo2NWb4f7oYOQw4d0x9ECvI8c%3D)

To review details related to a specific trade ticket, click the hyperlinked **ID**.

Depending on trade ticket type (Purchase, Sale, Free Delivery, Free Receive), trade ticket details will include some or all of the following:

- Security and Trade Settlement Details
- Broker/Dealer and Delivery Instructions
- Free Delivery Information (if applicable)
- Current Holdings Data (if applicable)
- Trade Documentation
- Notes

### **Create New Trade Tickets**

To create a trade ticket, the User must:

1. Navigate to **Investments**
2. Click **Security Safekeeping** tab
3. Select **Trade Tickets**

#### Create a Purchase Trade Ticket

1. Click **Create New**
2. Select **Purchase**
3. Enter the **CUSIP**
4. Enter the **Description** of the security (optional)
5. Select the **Broker / Dealer** from the drop down (Only brokers assigned to your credit union are listed. Contact the corporate to assign more to your credit union)
6. Select the **Settlement Location** of the security
  1. If **FRB**, select the **Third Party** from the drop down (displays the third party routing number and FI name)
  2. If **DTC**, select the **Counter Party** from the drop down (displays the DTC number and description)
7. Enter the **Trade Date** by typing it in or clicking the calendar button
8. Enter the **Settlement Date** by typing it in or clicking the calendar button
9. Enter the **Original Face Value**
10. Enter the **Current Face Value**
11. The **Factor** will calculate based on Original Face Value and Current Face Value. If needed, adjust the Factor.
12. Enter the **Price**
13. The **Principal Amount** will calculate based on Current Face Value and Price. If needed, adjust the Principal Amount.
14. Enter the **Accrued Interest**
15. Enter the **Commission** (optional)
16. The **Net Settlement Amount** will calculate based on the Principal Amount, Accrued Interest and Commission. If needed, adjust the Net Settlement Amount.
17. Enter a **Note** (optional)
18. Click **Next Step**
19. Click **Create New** in the upper right of the Trade Documentation card, select the document **Type** (for example, **TC - Trade Confirmation**), and upload the trade confirmation from the broker. Repeat to add more Trade Documentation as needed
20. Click **Next Step**
21. Review all entered information for accuracy
22. Click **Submit** (or click **Save as Draft** to save the trade ticket with a status of Draft and complete it later)
23. The trade ticket will display with a status of **Corporate Review** until it is approved by the corporate

#### Create a Sale Trade Ticket

1. Click **Create New**
2. Select **Sale**
3. Select the security being sold from your current holdings (securities with the **i** icon in the Pledged column indicate the security is currently pledged and cannot be selected)
  1. A pledged security cannot be sold until it is released
4. Click **Next Step**
5. The **Current Holdings** card displays information about the security you selected
6. Enter the **CUSIP**
7. Enter the **Description** of the security (optional)
8. Select the **Broker / Dealer** from the drop down (Only brokers assigned to your credit union are listed. Contact the corporate to assign more to your credit union)
9. Select the **Settlement Location** of the security
  1. If **FRB**, select the **Third Party** from the drop down (displays the third party routing number and FI name)
  2. If **DTC**, select the **Counter Party** from the drop down (displays the DTC number and description)
10. Enter the **Trade Date** by typing it in or clicking the calendar button
11. Enter the **Settlement Date** by typing it in or clicking the calendar button
12. Enter the **Original Face Value**
13. Enter the **Current Face Value**
14. The **Factor** will calculate based on Original Face Value and Current Face Value. If needed, adjust the Factor.
15. Enter the **Price**
16. The **Principal Amount** will calculate based on Current Face Value and Price. If needed, adjust the Principal Amount.
17. Enter the **Accrued Interest**
18. Enter the **Commission** (optional)
19. The **Net Settlement Amount** will calculate based on the Principal Amount, Accrued Interest and Commission. If needed, adjust the Net Settlement Amount.
20. Enter a **Note** (optional)
21. Click **Next Step**
22. Click **Create New** in the upper right of the Trade Documentation card, select the document **Type** (for example, **TC - Trade Confirmation**), and upload the trade confirmation from the broker. Repeat to add more Trade Documentation as needed
23. Click **Next Step**
24. Review all entered information for accuracy
25. Click **Submit** (or click **Save as Draft** to save the trade ticket with a status of Draft and complete it later)
26. The trade ticket will display with a status of **Corporate Review** until it is approved by the corporate

#### Create a Free Delivery Trade Ticket

1. Click **Create New**
2. Select **Free Delivery**
3. Enter the **Receiver Details** (optional; additional information the receiving side will see, maximum of 17 characters including spaces)
4. Select the **Custodian** you are Free Delivering to from the drop down (Only custodians assigned to your credit union are listed. Contact the corporate to assign more to your credit union)
5. Enter the **Trade Date** by typing it in or clicking the calendar button
6. Enter the **Settlement Date** by typing it in or clicking the calendar button
7. Enter a **Note** (optional)
8. Click **Add Security** in the Selected Holdings card
9. In the **Select Securities for Free Delivery** pop-up window, click the check boxes next to the securities you would like to deliver (securities with the **i** icon in the Pledged column indicate the security is currently pledged and cannot be selected)
  1. Use the search boxes and filters at the top of each column to find a specific security
  2. A pledged security cannot be free delivered until it is released
10. Click **Continue** – the selected securities populate in the Selected Holdings card
11. For each security in the Selected Holdings card:
  1. Enter the **Original Face Value Deliver Amount**
  2. If the settlement location is **FRB**, select the **Third Party** from the drop down (displays the third party routing number and FI name)
  3. If the settlement location is **DTC**, select the **Counter Party** from the drop down (displays the DTC number and description)
12. Review all entered information for accuracy
13. Click **Submit** (or click **Save as Draft** to save the trade ticket with a status of Draft and complete it later)
14. The trade ticket will display with a status of **In Review** for you and **Pending Approval** for other users at your credit union

#### Approve Free Delivery Trade Ticket

A second user at your credit union must review and approve the Free Delivery trade ticket before it moves to **Corporate Review** (the user who entered the trade ticket cannot approve it.)

1. Navigate to **Investments**
2. Click **Security Safekeeping** tab
3. Select **Trade Tickets**
4. Select the **ID** of the Free Delivery trade ticket with a **Pending Approval** status
5. Review the trade ticket for accuracy
6. If any of the information is incorrect, click **Edit** and update the information
  1. A different User will now need to verify and approve the trade ticket
7. Determine the final action to take on the trade ticket:
  1. If the trade ticket detail is correct, click **Member Approve**
  2. If the trade ticket should not be submitted with the detail provided for any reason, click **Reject**

Once the Free Delivery trade ticket has been approved, it will roll up to the corporate for final review and processing.

#### Create a Free Receive Trade Ticket

1. Click **Create New**
2. Select **Free Receive**
3. Select the **Custodian** from the drop down (Only custodians assigned to your credit union are listed. Contact the corporate to assign more to your credit union)
4. Enter the **Trade Date** by typing it in or clicking the calendar button
5. Enter the **Settlement Date** by typing it in or clicking the calendar button
6. Enter a **Note** (optional)
7. Manually enter or import the securities

#### **To manually add securities:**

- 
  - 
    - 
      1. Click Add Security in the **Selected Securities** card
      2. For each security being received:
        1. Enter the **CUSIP**
        2. Select the **Settlement Location**
        3. Enter the **Original Face Value**
        4. If **FRB**, select the **Third Party** from the drop down
        5. If **DTC**, select the **Counter Party** from the drop down
      3. Repeat steps until all securities being received have been added

**To import securities:**

- 
  - 
    - 
      1. Click **New Import**
      2. In the **Securities File** pop-up window, click **Upload File** and select the Excel file to upload
      3. Review the imported data in the **Securities File** pop-up window and click **Continue**
      4. Review the imported data in the **Selected Securities** card to ensure all information is filled in and accurate

> Utilize the Free Receive Import File below for importing Free Receive securities. Required columns include: Trade Type (FR), CUSIP, Settlement Location (FRB or DTC), Trade Date, Original Face Value, Settlement Date, Third Party (FRB securities), ABA # (FRB securities), and DTC Participant ID (DTC securities). Example below:![](https://cdn.document360.io/79b73003-772f-429b-afdd-b7e377cc9b05/Images/Documentation/image-3TYNBL0S.png?sv=2026-02-06&spr=https&st=2026-11-14T00%3A06%3A37Z&se=2026-11-14T01%3A06%3A37Z&sr=c&sp=r&sig=Fpz79EtP2hX8vQEuMlPo2NWb4f7oYOQw4d0x9ECvI8c%3D)

[](https://cdn.document360.io/79b73003-772f-429b-afdd-b7e377cc9b05/Images/Documentation/Free Receive Import File(2).xlsx?sv=2026-02-06&spr=https&st=2026-11-14T00%3A06%3A37Z&se=2026-11-14T01%3A06%3A37Z&sr=c&sp=r&sig=Fpz79EtP2hX8vQEuMlPo2NWb4f7oYOQw4d0x9ECvI8c%3D)Free Receive Import File20.49 KB[](https://cdn.document360.io/79b73003-772f-429b-afdd-b7e377cc9b05/Images/Documentation/Free Receive Import File(2).xlsx?sv=2026-02-06&spr=https&st=2026-11-14T00%3A06%3A37Z&se=2026-11-14T01%3A06%3A37Z&sr=c&sp=r&sig=Fpz79EtP2hX8vQEuMlPo2NWb4f7oYOQw4d0x9ECvI8c%3D)

1. Click **Next Step**
2. Click **Create New** in the upper right of the Trade Documentation card, select the document **Type** (for example, **TC - Trade Confirmation**), and upload a listing of the securities you are receiving (CUSIP and Original Face Value for each security). Repeat to add more Trade Documentation as needed
3. Click **Next Step**
4. Review all entered information for accuracy
5. Click **Submit** (or click **Save as Draft** to save the trade ticket with a status of Draft and complete it later)
6. The trade ticket will display with a status of **Corporate Review** until it is approved by the corporate