Trade processing

Trades are sent in real time by Markets and automatically registered in the clearing accounts based on the information of the trade.

Novation occurs at the very moment of the conclusion of the Trade.

  • Clearing reports are distributed to clearing members through the clearing work stations, ICWS and BCS.
  • Clearing members can also view in real time in the clearing working station their activity in all the clearing sections (trades, positions, cash and securities balances)