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 11

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

*Feb 14

Last day for brokers to request hard copy reports or Reports Via the Internet.

Request forms can be found at Market Information 336-A

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 1460

*Ten Business Days Prior to Month End

**Five Business Days Prior to Month End