4754. Trade classification where a Dealer Member enters a trade into the matching utility

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    1. If a Dealer Member enters a trade into an acceptable trade matching utility under clause 4753(1)(i), the trade is considered for each dealer trade counterparty to be a compliant trade, a “don’t know” (DK) trade or a non‑compliant trade according to the following table:

       

      Action of Dealer Member

      Enter trade at or before 6 p.m.

      Enter trade after 6 p.m.

      Action of other Dealer Member

      Enter trade at or before 6 p.m.

      Dealer Member compliant trade

      Other Dealer Member compliant trade

      Dealer Member non‑compliant trade

      Other Dealer Member compliant trade

      Accept trade at or before 6 p.m.

      Dealer Member compliant trade

      Other Dealer Member compliant trade

       
      Enter or accept trade after 6 p.m.

      Dealer Member compliant trade

      Other Dealer Member non‑compliant trade

      Dealer Member non‑compliant trade

      Other Dealer Member non‑compliant trade

      Reject trade at or before 6 p.m.

      Dealer Member don’t know or DK trade

      Other Dealer Member don’t know or DK trade

       
      Reject trade after 6 p.m.

      Dealer Member don’t know or DK trade

      Other Dealer Member non‑compliant trade

      Dealer Member non‑compliant trade

      Other Dealer Member don’t know or DK trade

      No action

      Dealer Member compliant trade

      Other Dealer Member non‑compliant trade

      Dealer Member non-compliant trade

      Other Dealer Member non‑compliant trade

    There is no history log for this rule.

    There is no history log for this rule.