Banking

Business Day

Day

Calendar Activity

Report Distribution

DAY 1:

Feb 1

Month-end accounting completed. Reports produced by the Clearing Corporation and given to clearing firms and brokers.

Brokers Market Information
336-A
Firm’s lockbox

DAY 3:

Feb 5

7:00 p.m. deadline for clearing firms to make corrections and adjustments to ATOM reports.

DAY 4:

Feb 6

The Clearing Corporation enters debit instructions into banking system. Firms receive final monthly reports reflecting any adjustments made.

Firm’s lockbox

DAY 5:

Feb 7

Reports given to brokers Indicating payment information. Clearing firms’ accounts are debited.

Brokers Market Information 336-A

DAY 7:

Feb 9

The Clearing Corporation enters credit instructions into banking system.

DAY 8:

Feb 12

Brokers' accounts receive credit.

DAY 9:

Feb 13

Exception reports will be produced for clearing firms and brokers indicating non-payment information as rejected

Information is received from the banks.

Firm's lockbox - In the event payment could not be made, brokers will be notified through their PCM

DAY 15:

Feb 22

Clearing Corporation enters credit instructions for corrected Brokers Accounts which previously rejected

Feb 22*

Last day for Brokers to submit or change banking Information for current month.

Brokers - Board of Trade Clearing Corp. Suite 1430

*5 Business Days Prior to Month End