Real-time swap reporting requirements: Difference between revisions

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(Created page with "{{a|eqderiv|{{subtable| {{L1}}'''Effective execution''': When you give us an order to enter into, modify or terminate a Transaction (an '''Order'''): {{L3}}'''Acknowledgement''': By acknowledging your Order we will attempt to execute it at or near the requested price or quantity; <li> '''Communication''': anything we tell you about your Order (including that it has been “filled”) conveys only an indicative value at which we may be able to fill the order; and<li> '''N...")
 
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'''Communication''': anything we tell you about your Order (including that it has been “filled”) conveys only an indicative value at which we may be able to fill the order; and<li>
'''Communication''': anything we tell you about your Order (including that it has been “filled”) conveys only an indicative value at which we may be able to fill the order; and<li>
'''No binding trade''': The Order will not be binding or considered “executed” for any purposes until we deliver to you a final confirmation evidencing the final terms of the Transaction.</ol></ol><li>
'''No binding trade''': The Order will not be binding or considered “executed” for any purposes until we deliver to you a final confirmation evidencing the final terms of the Transaction.</ol></ol><li>
}}}}The Commodity Futures Trading Commission (CFTC) has unanimously approved amendments to the real-time swap reporting rules in Part 43 of the CFTC’s regulations by, among other things, clarifying the applicability of the rules to swaps executed in a prime brokerage agency arrangement. this might explain some leaden and counterintuitive language your broker insists on putting in its confirms along the following lines: this is elegant JC speak so assume it won’t be quite as straightforward as what you see in the panel but hey.
}}}}{{quote|
“The Commodity Futures Trading Commission (CFTC) has unanimously approved amendments to the real-time swap reporting rules in Part 43 of the CFTC’s regulations by, among other things, clarifying the applicability of the rules to swaps executed in a prime brokerage agency arrangement.”}}
 
This might explain some leaden and counterintuitive language your broker insists on putting in its confirms along the following lines: this is elegant JC speak so assume it won’t be quite as straightforward as what you see in the panel but hey.


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*[[Synthetic prime brokerage]]
*[[Synthetic prime brokerage]]

Latest revision as of 18:26, 19 March 2024

Equity Derivatives Anatomy™
  1. Effective execution: When you give us an order to enter into, modify or terminate a Transaction (an Order):
    1. Acknowledgement: By acknowledging your Order we will attempt to execute it at or near the requested price or quantity;
    2. Communication: anything we tell you about your Order (including that it has been “filled”) conveys only an indicative value at which we may be able to fill the order; and
    3. No binding trade: The Order will not be binding or considered “executed” for any purposes until we deliver to you a final confirmation evidencing the final terms of the Transaction.

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    “The Commodity Futures Trading Commission (CFTC) has unanimously approved amendments to the real-time swap reporting rules in Part 43 of the CFTC’s regulations by, among other things, clarifying the applicability of the rules to swaps executed in a prime brokerage agency arrangement.”

    This might explain some leaden and counterintuitive language your broker insists on putting in its confirms along the following lines: this is elegant JC speak so assume it won’t be quite as straightforward as what you see in the panel but hey.

    See also

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