Orchestra now comes with three different transfer types. Below are some example use cases for each type.
- Create a new share issue – This transaction type defines the creation of new shares as issued by the company, such as shares created through a capital raising round, or company incorporation. For information on how to action this transaction type, click here.
- Create a transfer – A generic share transfer is a transaction type between two parties. Examples include a secondary trade between buyer and seller. For information on how to action this transaction type, click here.
- Create a cancel transaction – This feature allows you to cancel shareholdings. Examples include share buy-backs or cancellations.