After you have completed a successful EdgeLink connection with a business partner it is now time to start sharing transaction information!
Dealers Creating a Purchase
Buy Transactions - Send from Dealer to Issuer ONLY. Issuers can create BUY transactions, but they will NOT communicate VIA EdgeLink.
EdgeLink-connected offerings will have the EdgeLink logo next to them, making it easy to identify which offerings are connected. If there is no EdgeLink logo next to the offering the Issuer will not receive the transaction via EdgeLink.
The Dealer can keep the transaction in an In Progress status to update the details of the transaction, add Documents and Notes, and review the transaction before submitting it. Once it is ready to be sent, the Dealer will edit the transaction and change the status to "Approve to Issuer" which will lock and submit the transaction for approval. A notice and optional confirmation will pop up to the dealer allowing the admin to add any EdgeLink comments or notes with the transaction.
Accepting the EdgeLink Transaction
All transaction updates will be found and managed within the "Pending Transactions" or "Pending Batch Transaction" Tabs.
The connected party can either Review, Ignore or Accept the transaction or batch.
Review Details: Will display the transaction for you to review all of the details and updates
Ignore: No changes are made to your transaction, the EdgeLink Connection will be broken
Accept: The transaction is update is approved, any changes or updates are applied to your transaction
Other Distributions and Transactions
Below is a list of Exempt Edge transactions and how they are shared VIA EdgeLink.
Income/Interest/Return of Capital Transactions – Send from Issuer to Dealer ONLY – Dealers can create distributions (Income/Interest/Return of Capital) but they will NOT communicate VIA EdgeLink
DRIP/Reinvestment Transactions – Send from Issuer to Dealer ONLY – Dealers can create DRIP transactions but they will NOT communicate VIA EdgeLink
Residual Transactions – Send from both Issuer to Dealer and Dealer to Issuer
Sale Transactions – Send from both Issuer to Dealer and Dealer to Issuer
Redemption Transactions – Send from both Issuer to Dealer and Dealer to Issuer
Trailer Transactions – Send from Issuer to Dealer ONLY – Dealers can create trailers, but they will NOT communicate VIA EdgeLink
Transfer In/out Transactions – Send from both Issuer to Dealer and Dealer to Issuer
Fee and Tax Transactions – Currently do not transmit VIA EdgeLink