Banking
Business Day

Day

Calendar Activity

Report Distribution

DAY 1:

Aug 1

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

Via email or Reports via the Inernet

DAY 3:

Aug 5

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

DAY 4:

Aug 6

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

DAY 5:

Aug 7

Reports are available for brokers indicating payment information. Clearing firms’ accounts are debited.

Via email or Reports via the Inernet

DAY 7:

Aug 11

The Clearing Corporation enters credit instructions into banking system.

DAY 8:

Aug 12

Brokers' accounts receive credit.

DAY 9:

Aug 13

Exception reports will be produced for clearing firms and brokers indicating non-payment information as rejected
information is received from the banks.

In the event payment could not be made, brokers will be notified through their PCM

DAY 15:

Aug 21

The Clearing Corporation enters credit instructions for corrected brokers accounts which previously rejected

*Aug 25

Last day for brokers to submit or change banking information for current month.

Brokers - Clearing Corporation Suite 1460

**Aug 27

Last day for brokers to request Reports via Email or Reports Via the Internet.

Brokers request forms can be found at Clearing Corporation, Suite 1460, or www.clearingcorp.com/brokers

*Five Business Days Prior to Month End

**Three Business Days Prior to Month End