ACATS

1. Account Validation

→ Account settings

Verifies type, name, tax ID match at contra broker. KYC-approved accounts only.

Status: PASS

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2. Asset Validation

→ Transfer assets

Whole shares only. Rejects crypto, fixed income, options, fractional shares via ACATS.

Status: PASS

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3. Create ACATS Request

→ Start transfer

Incoming ACATS transfer creation. Populates transfers + assets tables.

Status: PASS

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4. ACATS Status

→ Transfer status

GET transfer status. Real-time updates.

Status: PASS (Optional)

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5. ACATC/ACATS Activities

→ Activity

Displays ACATC (cash) and ACATS (securities) activity types.

Status: PASS (Optional)

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6. Rejection + Resubmit

→ Transfer status

User notified of rejection with reason. Can resubmit.

Status: PASS (Optional)

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7. ACATS Disclosure

→ Transfer disclosure

Full ACATS disclosure statement displayed before initiating any transfer.

Status: PASS