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We have set out the transfer timings — no small minefield — in the premium section, since it was really painful to do. Freeloaders: just be aware of the slippage due to the {{{{{1}}}|Notification Time}}, the mindwarp that is the definition of {{{{{1}}}|Settlement Day}} and {{{{{1}}}|Regular Settlement Day}}, and the fact that the relevant {{{{{1}}}|Local Business Day}} is in the place of receipt, not {{{{{1}}}|Transmission}}, and so on.

The reality is that collateral operations teams have got most of this taped, automated, and if anything were to foul up they would have long since ironed it out. And the move to call-cash daily margining has probably decomplicated things, too.