Programme

This course concerns a 1-day online workshop covering the following topics:

• Trade confirmations
  • Exchange trade & bilateral deal confirmations
  • Manual & electronic confirmations
  • Trade validations
  • Trade enrichment
  • Dispute resolution
• Clearing
  • Risks involved with CCPs and clearing banks
  • Accounts and related risks (individual seggregated, omnibus)
  • Default fund, defaults and close outs
  • Collateralisation & margining
• Settlement
  • Settlement processes
  • Delivery versus payment vs. cash settlement
  • Alternative delivery procedure (ADP)
  • Trading at settlement (TAS)
  • Exchange of futures for physicals (EFP)
  • Withdrawal of deposits
  • Contracts with a delivery moment vs. delivery period
• The nomination process
  • Electronic message with instruction to operator of transport facility
  • Timely nomination
  • Re-nomination