31.08.2023 15:17

Updates planned for REPO with open date trades

Please be informed about updates assotiated with REPO trades with open date that take effect starting from 25 September 2023.

  1. It is planned to change structure of orders register SEM02 and trades register SEM03. RECORDS node will be supplemented with IsOpenRepo attribute to specify REPO trades with open date with "Y" value. The attribute will not be displayed for trades with fixed REPO term.

    You may find specifications of trading reports structure at the MOEX website.
     
  2. Maximum REPO term for REPO trades with open date will be set to 360 calendar days. If settlement instruction or report was not sent to finalize REPO trade with open date and a corporate event on asecurity was not announced, settlement date will be set on 360th day after the REPO trade date. If clearing operations are not conducted on the 360th day after the REPO trade date, settlement day will be set on the last clearing day before the 360th day after the date of REPO trade.

    Please be reminded that either counterparty may choose to finalize the second part of a REPO trade with open date, within the number of days specified. The first part of REPO trade with open date is settled in a standard way for each trading board. To finalize REPO trade with open date, clearing member sends OPENREPO_SETTLE transaction.
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