What is own-account trading in SAP IS-B-DP - Transaction Data Pool?

SAP Term: own-account trading

• Component: IS-B-DP

• Component Name: Transaction Data Pool

• Description: Business area of the bank, to which largely internally- initiated transactions are assigned. Profit values include price gains and own-account revenues from the transactions. The organizational unit 'trading' or 'treasury' is in contact with the large institutional business partners and uses marking-to-market to measure the success of the activity in the form of trading results. Typical examples include securities transactions in stocks and bonds, foreign exchange transactions and Swaps.

Smart SAP Assistant

• Key Concepts: 
  Own-account trading is a type of transaction in which a company purchases goods or services for its own use. In SAP, own-account trading is managed through the IS-B-DP Transaction Data Pool. This data pool stores all the information related to the transactions, such as the date, time, and amount of the transaction. 
  
  How to use it: 
  To use the IS-B-DP Transaction Data Pool, first log into your SAP system. Then, navigate to the “Transaction Data Pool” tab in the “Business Partner” menu. Here, you can view all of your own-account trading transactions. You can also add new transactions or edit existing ones. 
  
  Tips & Tricks: 
  When entering new transactions into the IS-B-DP Transaction Data Pool, make sure to double check all of the information you enter. This will help ensure that your records are accurate and up to date. Additionally, it’s a good idea to back up your data regularly in case of any unexpected system errors. 
  
  Related Information: 
  The IS-B-DP Transaction Data Pool is part of SAP’s Business Partner module. This module also includes features such as customer relationship management (CRM) and supplier relationship management (SRM). Additionally, it provides tools for managing customer and supplier data, as well as tracking sales and purchase orders.