bts2 technical guide 1-direct business transactions

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

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3. Intra-broker : Dealer A and B from the same Participating

Organisations and same Systems MemberCode


Important Details Prior to Submission of DBT

Description

Trade Details• Securities• Agreed Price & Quantity• CDS Account(s)Every systems capable of submitting DBTs must have a Systems Membercode (eg. 065201, 098203 and 035202). BTS2 trading

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SystemsMembercode

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 IDUpon receiving trade messages from the BTS2 tradingengine, every OMS will rely on the Dealer ID to route the trade to the right dealer’s screen.

Order Entry Sequence

1st Step : Seller to submit the DBT2nd Step : Buyer to confirm


Description

Trade Details

• Securities : 1818• Agreed Price & Quantity : RM8.80 for 500,000 shares• CDS Account (s)• Dealer A (Seller) : 011112228• Dealer B (Buyer) : 033336668

DBT Scenario #1 : Inter-Broker

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• Dealer B (Buyer) : 033336668SystemsMembercode

• 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


DBT Scenario #1 : Inter-Broker

Submit DBTTrade Details : 1818; 8.80; 500,000Ownself : TAN0168; 011112228CounterParty : 068202; 1028LCK

Acknowledge DBT SubmissionTrade Report ID : 2013063088

Dealer AOMS

BTS2 Dealer BOMS


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

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Trade Report ID : 2013063088Trade Details : 1818; 8.80; 500,000Ownself : 065203; TAN0168; 011112228CounterParty : 068202; 1028LCK

Trade Report ID : 2013063089Trade Details : 1818; 8.80; 500,000Ownself : 068202; 1028LCKCounterParty : 065203; TAN0168

Confirm DBT SubmissionTrade Report Ref ID : 2013063089Trade Details : 1818; 8.80; 500,000Ownself : 1028LCK; 033336668

Acknowledge DBT TradeTrade Match ID: 20130630-00000123Trade Details : 1818; 8.80; 500,000Ownself : 065203; TAN0168; 011112228CounterParty : 068202; 1028LCK

Acknowledge DBT TradeTrade Match ID: 20130630-00000123 Trade Details : 1818; 8.80; 500,000Ownself : 068202; 1028LCK; 033336668CounterParty : 065203; TAN0168

When Dealer A’s submission appears on Dealer B terminal, Dealer B confirm the transaction by keying the CDS account on his part and submit the acceptance.


Description

Trade Details


DBT Scenario #2 : Intra-Broker, Different Systems

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Dealer ID • Dealer A (Seller) : TAN0168• Dealer B (Buyer) : 1028LCK

Note : Seller to submit the DBT, while Buyer to confirm


DBT Scenario #2 : Intra-Broker, Different Systems

Submit DBTTrade Details : 1818; 8.80; 500,000Ownself : TAN0168; 011112228CounterParty : 065206; 1028LCK


Dealer AOMS

BTS2 Dealer BOMS


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

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Trade Report ID : 2013063088Trade Details : 1818; 8.80; 500,000Ownself : 065203; TAN0168; 011112228CounterParty : 065206; 1028LCK

Trade Report ID : 2013063089Trade Details : 1818; 8.80; 500,000Ownself : 065206; 1028LCKCounterParty : 065203; TAN0168

Confirm DBT SubmissionTrade Report Ref ID : 2013063089Trade Details : 1818; 8.80; 500,000Ownself : 1028LCK; 033336668

Acknowledge DBT TradeTrade Match ID: 20130630-00000123Trade Details : 1818; 8.80; 500,000Ownself : 065203; TAN0168; 011112228CounterParty : 065206; 1028LCK

Acknowledge DBT TradeTrade Match ID: 20130630-00000123 Trade Details : 1818; 8.80; 500,000Ownself : 065206; 1028LCK; 033336668CounterParty : 065203; TAN0168

When Dealer A’s submission appears on Dealer B terminal, Dealer B confirm the transaction by keying the CDS account on his part and submit the acceptance.


Description

Trade Details


DBT Scenario #3 : Intra-Broker, Same Systems

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Dealer ID • Dealer A (Seller) : TAN0168• Dealer B (Buyer) : LCK1028

Note : Seller to submit the DBT for both buy and sell


Submit DBT

BTS2Dealer A & BOMS

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

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Submit DBTTrade Details : 1818; 8.80; 500,000Ownself : TAN0168; 011112228CounterParty : LCK1028; 033336668

Acknowledge DBT TradeTrade Match ID: 20130630-00000123Trade Details : 1818; 8.80; 500,000Ownself : 065203; TAN0168; 011112228CounterParty : 065203; LCK1028; 033336668


EQUITY PARTICIPATION IN BURSA DERIVATIVESEnd of Guide

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EQUITY PARTICIPATION IN BURSA DERIVATIVESEnd of Guide

bts2 technical guide 1-direct business transactions

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