Description
Collective monitoring allows automatic activity processing of OTCcurrency options.
This checks whether the option is still valid on the key date. You canalso check the Knock-In and Knock-Out levels of options against thehighest/lowest rates. This rate check relates to a currency pair.
The report proposes processing steps for the respective option whichare carried out in the background when you save. A success message isdisplayed.

Precondition
The options must be in the activity category which allows the proposedprocessing step. If this is not the case, an error message isdisplayed.

Example
Example using USD/DEM options:
1. Knock-In-Option Down & In Barrier 1,55 Exercise date 01.31.xx
2. Standard Option Exercise date 01.15.xx
Input of collective monitoring on the selection screen:
Key date : 01.20.xx
Currency : USD DEM (Lead currency/Following currency)
Lowest rate : 1.52
Highest rate : 1.65
Report proposal:
As the first option is still valid and all currency and rate entrieswere made on the selection screen, the barrier could be checked.'KNOCK-IN' appears as a processing proposal.
As the exercise date of the standard option is earlier than the keydate, the option is now expired. The processing step 'EXPIRATION' isproposed.