Trade Matching Agreement

10. Include the general types of securities on which you receive or process information relating to the transfer of joint transactions to a clearing house (for example. B exchange-traded national securities and bonds, exchange-traded stocks and debt securities, equity securities and bonds traded above the counter-value). 5. A brief description of the nature and extent of membership or contractual or other agreement with you. (a) the details and settlement instructions for an exported DAP/RAP trade are notified, verified, confirmed and confirmed or by other means agreed between the parties to the comparison; and 10.2 (1) A reference to “the end of T” in subsections 3.1 (1) and 3.3 (1) should be read as a reference to “12:00 p.m (noon) on T-1” for trades executed before July 1, 2008. Describe how your systems work to provide your services to an appropriate service utility (including, but not limited, systems that record and process business execution details and process billing instructions for trade comparison). This description should contain the following information: Include a copy of any form of agreement that regulates the conditions under which users or subscribers can subscribe to your services of a matching service program. Include all other utilities that were implemented immediately prior to the cessation of activity. The CTM solution provides seamless connectivity, from trade execution to settlement, including direct front office FIX connectivity for central office business transactions and via the SWIFT network to an entire community of custodian banks for billing notification.

And if you`re used in association with ALERT, you can automatically enrich trades with account and permanent billing instructions (SSI) to make sure all account information is correct. Enter a list of all users or subscribers for whom you provide or offer the services of a matching service utility. Identify the type (s) of the user or subscriber (for example administrators. B, merchants, consultants or other party). If so, for each instance in the past year in which a user or subscriber of your services has been banned or restricted in access to these services, you indicate the name of each user or subscriber and each participant, as well as the reason for the ban or restriction. Abmatching orders are opposite requirements for a security or derivative at the same price. If an investor buys a lot of shares and another wants to sell the same amount at the same price, his orders agree and a transaction is made. The work of mating these orders is the process by which repurchase orders or exchange offers cross-trade sales orders or invite them to trade in securities.

Most stock exchanges vote for orders with computer algorithms. Historically, brokers have intersected orders through personal interactions on a commercial surface in an open-outcry auction. Since 2010, all major markets have switched to electronic matching. (d) provide a brief description of the processes and procedures you have implemented to ensure the safety of any system used to provide your services with a congruent utility, in accordance with the terms of conversion, exchange or exercise of a warranty previously issued by an issuer. Include client transactions in stock trading statistics in a publicly traded fund (ETF). Please provide a complete list of all fees and other fees that must be charged or charged to you for using your services as an appropriate utility, including the cost of connecting to your systems. Add DAP/RAP transactions to DAP/RAP stock trading statistics. Figure A (1) applies only to equity and ETF securities.

Figure A (2) applies only to transactions in debt and other fixed income securities. 2. Subsection (1) does not apply to a trade for which the trading counterparties or prior to the execution of the negotiation have expressly agreed on settlement terms.

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