GAINS®
GIVE-UP AUTOMATED INVOICING SYSTEM
SCHEDULE OF MONTHLY PAYMENTS AND REPORTS
|
Banking Business Day |
Calendar Day |
Activity |
Report/Datafile
Distribution |
|
DAY 1: |
April 3 |
Month-end accounting completed. Reports available on WRD and Datafile on firms Remote Queue. |
WRD / Remote Queue |
|
DAY 7: |
April 11 |
7:00 p.m. deadline for executing
firm to make corrections and adjustments to GAINS |
|
|
DAY 10: |
April 17 |
Last day for Clearing firms to submit or change banking information. |
The Clearing Corp. 227 W. Suite 1500 |
|
DAY 15: |
April 24 |
7:00 p.m. deadline for carrying
firm to Re-Accept or Reject information in GAINS. |
|
|
DAY 16: |
April 25 |
The Clearing Corporation enters debit instructions into banking
system. Firms receive End-of-Cycle Final reports / Datafiles
reflecting any adjustments made and Payment Summary report showing firm net
debit / credit |
WRD / Remote Queue |
|
DAY 17: |
April 26 |
Clearing firms accounts are debited |
|
|
DAY 19: |
April 28 |
The Clearing Corporation enters credit instructions into banking
system |
|
|
DAY 20: |
May 1 |
Clearing firms accounts are credited. |
|
|
|
|||