Pre-validate an instrument

You can pre-validate an instrument at any time and as often as you want before submitting your dealing. This doesn’t incur any fees. 

To pre-validate an instrument, you must be from a firm associated with the dealing and have the appropriate privileges.

With pre-validations:

• Only the results of the last pre-validation will appear in the instrument pre-validation report. 
• If an instrument is deleted from a dealing, any current pre-validations will clear, so the dealing must be pre-validated again. 
• Separate sets of business rules are also run at signing and submit. 

1: Select Pre-validation button.

Select Pre-validation at the bottom left of the Prepare instrument page.

If the instrument passes pre-validation a green tick icon will appear next to the Pre-validation tab.

If the instrument fails pre-validation an orange or red icon will appear next to the Pre-validation tab. The Pre-validation button will change to red. 

Click the Pre-validation tab to see the pre-validation report. This will display any Warnings or Failures.

Click the Print report button to print the pre-validation report.

2: Edit instrument details, if needed.

Edit the instrument details if you get a warning.

3: Run the pre-validation report again, if needed.

Once you've edited the instrument, repeat the previous steps to run the pre-validation report again.

Make any further edits, if needed.

4: Save.

Select Save to save the information and remain on the Prepare instrument page.

Select Save & back to save the information and return to the Instruments & Roles page.