Scribd Logo
Importer

Bienvenue sur Scribd !

  • BTS2 Technical Guide 1-Direct Business Transactions

    Transféré par

    visinic
    39 vues10 pages
    1) The document describes three scenarios for direct business transactions (DBTs) on the BTS2 trading system: inter-broker deals between different participating organizations, intra-broker deals between different member codes within the same organization, and intra-broker deals within the same organization and member code. 2) It provides details on trade information and codes required for DBT submissions and confirmations, including securities, price, quantity, dealer IDs, member codes, and CDS accounts. 3) Step-by-step examples are given for each scenario showing the order and routing of DBT submissions and confirmations between the dealers' OMS and BTS2 trading engine.

    Description originale:

    Technical guide on direct business transactions trading with BTS2 by Bursa Malaysia

    Copyright

    © © All Rights Reserved

    Formats disponibles

    PDF, TXT ou lisez en ligne sur Scribd

    Avez-vous trouvé ce document utile ?

    Ce contenu est-il inapproprié ?

    Signaler ce document
    1) The document describes three scenarios for direct business transactions (DBTs) on the BTS2 trading system: inter-broker deals between different participating organizations, intra-broker deals between different member codes within the same organization, and intra-broker deals within the same organization and member code. 2) It provides details on trade information and codes required for DBT submissions and confirmations, including securities, price, quantity, dealer IDs, member codes, and CDS accounts. 3) Step-by-step examples are given for each scenario showing the order and routing of DBT submissions and confirmations between the dealers' OMS and BTS2 trading engine.

    Droits d'auteur :

    © All Rights Reserved
    Téléchargez comme PDF, TXT ou lisez en ligne sur Scribd
    Signaler comme contenu inapproprié
    39 vues10 pages

    BTS2 Technical Guide 1-Direct Business Transactions

    Transféré par

    visinic
    1) The document describes three scenarios for direct business transactions (DBTs) on the BTS2 trading system: inter-broker deals between different participating organizations, intra-broker deals between different member codes within the same organization, and intra-broker deals within the same organization and member code. 2) It provides details on trade information and codes required for DBT submissions and confirmations, including securities, price, quantity, dealer IDs, member codes, and CDS accounts. 3) Step-by-step examples are given for each scenario showing the order and routing of DBT submissions and confirmations between the dealers' OMS and BTS2 trading engine.

    Droits d'auteur :

    © All Rights Reserved
    Téléchargez comme PDF, TXT ou lisez en ligne sur Scribd
    Signaler comme contenu inapproprié
    sur 10

    Direct Business Transactions

    BTS 2 Technical Guide #1


    Direct Business Transactions
    (Negotiated Deals)
    BTS 2 : Technical Guide #1
    DBT Scenarios
    1. Inter-broker : Dealer A and B from TWO different POs
    2. Intra-broker : Dealer A and B from the same PO but TWO
    different Systems MemberCodes
    2
    3. Intra-broker : Dealer A and B from the same Participating
    Organisations and same Systems MemberCode
    BTS 2 : Technical Guide #1
    Important Details Prior to Submission of DBT
    Description
    Trade Details
    Securities
    AgreedPrice & Quantity
    CDS Account(s)
    Every systems capable of submitting DBTs must have a Systems
    Membercode (eg. 065201, 098203 and 035202). BTS2 trading
    3
    Systems
    Membercode
    Membercode (eg. 065201, 098203 and 035202). BTS2 trading
    engine requires Membercodes of both parties for the purpose of
    routing the trade messages. It is advisable to have the Systems
    Membercode displayed on the DBT entry screen.
    Dealer ID
    Upon receiving trade messages from the BTS2 trading
    engine, every OMS will rely on the Dealer ID to route the
    trade to the right dealers screen.
    Order Entry
    Sequence
    1
    st
    Step : Seller to submit the DBT
    2
    nd
    Step : Buyer to confirm
    BTS 2 : Technical Guide #1
    Description
    Trade Details
    Securities : 1818
    AgreedPrice & Quantity : RM8.80 for 500,000 shares
    CDS Account (s)
    Dealer A (Seller) : 011112228
    Dealer B (Buyer) : 033336668
    DBT Scenario #1 : Inter-Broker
    4
    Dealer B (Buyer) : 033336668
    Systems
    Membercode
    Dealer A (Seller) : 065203
    Dealer B (Buyer) : 068202
    Dealer ID
    Dealer A (Seller) : TAN0168
    Dealer B (Buyer) : 1028LCK
    Note : Seller to submit the DBT, while Buyer to confirm
    BTS 2 : Technical Guide #1
    DBT Scenario #1 : Inter-Broker
    Submit DBT
    Trade Details : 1818; 8.80; 500,000
    Ownself : TAN0168; 011112228
    CounterParty : 068202; 1028LCK
    Acknowledge DBT Submission
    Trade Report ID : 2013063088
    Dealer A
    OMS
    BTS2
    Dealer B
    OMS
    Acknowledge DBT Submission
    Trade Report ID : 2013063089
    Dealer A agreed to initiate
    the submission by keying
    into his OMS systems
    Based on the Membercode 068202, BTS2
    routes the message to Dealer B OMS systems.
    The OMS direct the message to Dealer B
    terminal based on the Dealer ID1028LCK
    5
    Trade Report ID : 2013063088
    Trade Details : 1818; 8.80; 500,000
    Ownself : 065203; TAN0168; 011112228
    CounterParty : 068202; 1028LCK
    Trade Report ID : 2013063089
    Trade Details : 1818; 8.80; 500,000
    Ownself : 068202; 1028LCK
    CounterParty : 065203; TAN0168
    Confirm DBT Submission
    Trade Report Ref ID : 2013063089
    Trade Details : 1818; 8.80; 500,000
    Ownself : 1028LCK; 033336668
    Acknowledge DBT Trade
    Trade Match ID: 20130630-00000123
    Trade Details : 1818; 8.80; 500,000
    Ownself : 065203; TAN0168; 011112228
    CounterParty : 068202; 1028LCK
    Acknowledge DBT Trade
    Trade Match ID: 20130630-00000123
    Trade Details : 1818; 8.80; 500,000
    Ownself : 068202; 1028LCK; 033336668
    CounterParty : 065203; TAN0168
    When Dealer As submission appears on
    Dealer B terminal, Dealer B confirm the
    transaction by keying the CDS account
    on his part and submit the acceptance.
    BTS 2 : Technical Guide #1
    Description
    Trade Details
    Securities : 1818
    AgreedPrice & Quantity : RM8.80 for 500,000 shares
    CDS Account (s)
    Dealer A (Seller) : 011112228
    Dealer B (Buyer) : 033336668
    DBT Scenario #2 : Intra-Broker, Different Systems
    6
    Dealer B (Buyer) : 033336668
    Systems
    Membercode
    Dealer A (Seller) : 065203
    Dealer B (Buyer) : 065206
    Dealer ID
    Dealer A (Seller) : TAN0168
    Dealer B (Buyer) : 1028LCK
    Note : Seller to submit the DBT, while Buyer to confirm
    BTS 2 : Technical Guide #1
    DBT Scenario #2 : Intra-Broker, Different Systems
    Submit DBT
    Trade Details : 1818; 8.80; 500,000
    Ownself : TAN0168; 011112228
    CounterParty : 065206; 1028LCK
    Acknowledge DBT Submission
    Trade Report ID : 2013063088
    Dealer A
    OMS
    BTS2
    Dealer B
    OMS
    Acknowledge DBT Submission
    Trade Report ID : 2013063089
    Dealer A agreed to initiate
    the submission by keying
    into his OMS systems
    Based on the Membercode 065206, BTS2
    routes the message to Dealer B OMS systems.
    The OMS direct the message to Dealer B
    terminal based on the Dealer ID1028LCK
    7
    Trade Report ID : 2013063088
    Trade Details : 1818; 8.80; 500,000
    Ownself : 065203; TAN0168; 011112228
    CounterParty : 065206; 1028LCK
    Trade Report ID : 2013063089
    Trade Details : 1818; 8.80; 500,000
    Ownself : 065206; 1028LCK
    CounterParty : 065203; TAN0168
    Confirm DBT Submission
    Trade Report Ref ID : 2013063089
    Trade Details : 1818; 8.80; 500,000
    Ownself : 1028LCK; 033336668
    Acknowledge DBT Trade
    Trade Match ID: 20130630-00000123
    Trade Details : 1818; 8.80; 500,000
    Ownself : 065203; TAN0168; 011112228
    CounterParty : 065206; 1028LCK
    Acknowledge DBT Trade
    Trade Match ID: 20130630-00000123
    Trade Details : 1818; 8.80; 500,000
    Ownself : 065206; 1028LCK; 033336668
    CounterParty : 065203; TAN0168
    When Dealer As submission appears on
    Dealer B terminal, Dealer B confirm the
    transaction by keying the CDS account
    on his part and submit the acceptance.
    BTS 2 : Technical Guide #1
    Description
    Trade Details
    Securities : 1818
    AgreedPrice & Quantity : RM8.80 for 500,000 shares
    CDS Account (s)
    Dealer A (Seller) : 011112228
    Dealer B (Buyer) : 033336668
    DBT Scenario #3 : Intra-Broker, Same Systems
    8
    Dealer B (Buyer) : 033336668
    Systems
    Membercode
    Dealer A (Seller) : 065203
    Dealer B (Buyer) : 065203
    Dealer ID
    Dealer A (Seller) : TAN0168
    Dealer B (Buyer) : LCK1028
    Note : Seller to submit the DBT for both buy and sell
    BTS 2 : Technical Guide #1
    Submit DBT
    BTS2
    Dealer A & B
    OMS
    In this scenario, BTS2 expects ONLY ONE DBT
    submission from the OMS. In this example,
    Dealer A agreed to complete the DBT trade by
    keying in the Dealer IDs and CDS accounts, for
    both Dealer A and Dealer B.
    DBT Scenario #3 : Intra-Broker, Same Systems
    9
    Submit DBT
    Trade Details : 1818; 8.80; 500,000
    Ownself : TAN0168; 011112228
    CounterParty : LCK1028; 033336668
    Acknowledge DBT Trade
    Trade Match ID: 20130630-00000123
    Trade Details : 1818; 8.80; 500,000
    Ownself : 065203; TAN0168; 011112228
    CounterParty : 065203; LCK1028; 033336668
    BTS 2 : Technical Guide #1
    EQUITY PARTICIPATION IN BURSA DERIVATIVES
    End of Guide
    10
    EQUITY PARTICIPATION IN BURSA DERIVATIVES
    End of Guide

    Vous aimerez peut-être aussi