You can Once your physical trade transactions have been completed/settled/closed, you can use MAF Cloud system to generate a contract document to facilitate the transaction between you and and issue to your counterparties easily in MAF Cloud. The contract document is a legal binding document that confirms the trade and the respective details between your counterparties. All data input previously in the physical trades and trade executions sections will be linked directly here, saving you the hassle of manually creating your contract from scratch!
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Creating a Contract Document
To generate a contract document, a physical trade has to be created first. Refer Please refer to Creating New Physical Trade(s) for for the guide on how to create a physical trade.
1. Click on the 'Trade' tab in the Physical Trade section and you will be able to see all your trade deals stored in the table.2. Select the relevant transactions. Under Once a physical trade has been created, under 'Actions' in the table, click on the 'Settings' button (represented by a 'gear' icon) in each row to display 9 types of functions.
3. Click on the , followed by 'Generate Contract' button to direct you of the trade that you want to generate a contract for. You will be directed to create a contract which can be downloaded as a PDF.
4. 'Company Name', 'Trade Date', 'Purchase or Sale' and 'Contract No.' are auto-filled in based on the details of the respective physical trade. 'Counterparty' and 'Address' are optional fields that can be filled in when necessary. 'Tel' and 'Email' can also be added by clicking the '+' button, if required.
5. The contract details section reflects . Please note that each trade can only create 1 contract document.
2. You can now key in the necessary details for your contract. Once you have completed your contract, you can save the contract template by clicking on the blue '+' sign at the top right corner and save the template layout (only values in LABEL boxes will be saved and not VALUE boxes). The next time you create a new contract, you will be able to use the same template, reducing the need to re-input similar data again. You may create and save multiple template layouts to suit your needs.
1. COMPANY NAME: XXX ; TRADE DATE:
2. PURCHASE OR SALE: ; CONTRACT NO.:
3. COUNTERPARTY DETAILS:
4. CONTRACT DETAILS:
The contract details section will auto-reflect the inputs extrapolated from the selected physical trade into the VALUE box. If the VALUE box is empty, you are free to add or edit the inputs as necessary.
6.
Click 5. SIGNATURE
3. Once the contract has been completed, click on 'Save' below
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to save the contract. Click 'PDF' to generate the contract in PDF format. Click 'Cancel' if you do not want to save the new contract or update the details, and be directed
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back to the 'Physical Trade' page.
Note: Once you have completed your contract, you can save the contract template by clicking on the blue '+' sign at the top right corner and save the template layout (only values in LABEL boxes will be saved and not VALUE boxes). The next time you create a new contract, you will be able to use the same template, reducing the need to re-input similar data again. You may create and save multiple template layouts to suit your needs.
4. You may easily change the contract details from the 'Physical Trade' table, using the same procedures. To edit the contract, you will need to enter the same contract page by clicking on the 'Settings' button (represented by a 'gear' icon) from the 'Physical Trade' table, followed by 'Generate Contract'. Click on 'Save' to save the changes of the contract.
The contract document in pdf will reflect all the relevant details of the trade including the signature area.
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