Trade Re-affirmation workflow

Re-Affirmed Atlantis Trades Can Now Settle in the Current Settlement Cycle!

Atlantis has introduced a new workflow to allow rejected trades to remain eligible for settlement

Eligibility Requirements:

The Receiver must affirm the trade before the Receiver Lock {The most recent affirmation at Receiver Lock must have occurred in the current settlement cycle}
The Reviewer at Receiver Lock must be the Payer
If the trade is rejected, the Receiver must re-affirm it after Receiver Lock and before Payer Lock
The Payer must approve the trade before Payer Lock

✅ A trade can be rejected, re-affirmed, and return to Reviewer = Complete status before the Payer Lock and still settle in the current cycle

❌ However, if the trade did not have a current-cycle affirmation at the Receiver Lock, it is not eligible for settlement in the current cycle, even if it is later re-affirmed and reaches Reviewer = Complete status before the Payer Lock

Date	Event	Scenario A: Settles in Current Cycle ✅	Scenario B: Does Not Settle in Current Cycle ❌
Fee Date	Fee Post	June 2	May 4
Prior Cycle	Receiver affirms	N/A	Receiver affirmation occurred in a prior settlement cycle
July 2	Receiver affirms	Receiver affirms trade in the current settlement cycle	No new affirmation submitted
July 8	Receiver Lock	Most recent affirmation occurred in the current cycle and Reviewer = Payer	Most recent affirmation occurred in a prior cycle
July 10	Payer rejects	Rejected before Payer Lock	Rejected before Payer Lock
July 12	Receiver re-affirms	Re-affirmed before Payer Lock	Re-affirmed before Payer Lock
July 13	Payer approves	Reviewer = Complete	Reviewer = Complete
July 15	Payer Lock	Reviewer = Complete	Reviewer = Complete
July 15	EOC	Eligible to settle in the current settlement cycle	Not eligible to settle in the current settlement cycle {most recent affirmation at Receiver Lock was from a prior cycle}

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