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General FAQ’s
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| Q |
What
is a corporate action? |
| A |
Any event initiated by a corporation that impacts its shareholders
Some Corporate Actions may affect only one security issued by the issuer;
others may affect many or all of the securities issued. Corporate Actions can
pertain to either equity or debt securities, although there are some
differences in the action types that apply to each. Some corporate actions are
mandatory others are voluntary. A mandatory action is one in which the holder
of the security has no choice regarding the change in status of his or her
shares. Most mandatory actions happen automatically, with no action required on
the part of the holder. A stock split is an example of a mandatory action. A
voluntary action is one in which the holder has a choice to make about how the
action will affect the status of his or her shares. Usually, there is some
action required on the part of the holder in order to participate in the
action.
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| Q |
What
types of securities does the service cover? |
| A |
The service provides corporate
actions announcements for ORDINARY & PREFERENCE SHARES and WARRANTS(when
the underlying securities are Shares)
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| Q |
How
often is WCA updated? |
| A |
On a daily basis
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| Q |
At
what time can one generally expect the feed(s) and data to be available for
collection? |
| A |
The data should definitely be
available by GMT10pm. Normally though, it can be picked up by GMT 7pm.
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| Q |
What
methods are used for data delivery? |
| A |
Information can be received
via FTP in a feed or via the web.
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| Q
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How
frequently are the files received from providers? |
| A |
On a daily, weekly, monthly
and ad hoc basis.
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| Q |
Where
is the information sourced from? |
| A |
Stock Exchanges and local data
vendors.
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| Q |
What
does Clean mean? |
| A |
A Clean event is used to
portray actions that have been taken to cleanse the database.
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| Q |
What
does iSEDOL™ mean? |
| A |
iSEDOL™ stands for Incorporated
Sedol™ and it is the Sedol™ for the country of incorporation i.e. the parent
/primary country.
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| Q |
What
does xSEDOL™ mean? |
| A |
xSedol™ stands for Exchange
Sedol™ and it is the Sedol™ issued according to the country of the information
source.
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| Q |
What
are Arrangements used for (as an event)? |
| A |
They are used to enter complex
events. To enter events which are not defined in WCA. These events are not
defined because they happen very rarely or they are new or they are something
that we would like to evaluate before we bring it into WCA
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Web Features
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| Q |
If
I am not interested in seeing multiple listings is there a way I can get around
this? |
| A |
Yes, there is. Go to User
Preferences then Options and tick the box that says Ignore Multiple Listings.
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| Q |
If
I am not interested in seeing empty fields when viewing announcements is there
a way I can get around this? |
| A |
Yes, there is. Go to User
Preferences then Options and tick the box that says Display Empty Fields.
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| Q |
Can
I track a list of companies that are in my portfolio? |
| A |
Yes, this can be done by going
to User Preferences then, Portfolio Manager then follow the instructions from
there.
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| Q |
Is
there a way of being alerted if a security that is contained in my portfolio
announces a corporate actions? |
| A |
Yes, once you have imported
your portfolio in Portfolio Manager, type in your e-mail address in the Email
Notification box that is provided.
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| Q |
Is
it possible to search for only specific countries that I am interested in? |
| A |
Yes, this can be done by going
to User Preference, then Country Selection, and following the instructions from
there. In the future if you are using a search criteria that has the option of
selecting Country you will now be able to select Selected Countries Only.
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If you have questions that are not answered here, don't hesitate to
contact us.
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