Safe Financials - Home of the CREST Simulator

Transactions alleged against the following parties will automatically cause certain actions to be performed within the simulator [the numerical participants are for those clients whose systems prevents them from entering 5 character participant IDs]'.

Participant	Action
SFL	Auto match immediately
SFLM1	Auto match on T+1
SFLM2	Auto match on T+2
SFLM3	Auto match on T+3
SFLM4	Auto match on T+4
SFLM5	Auto match on T+5
SFLM6	Auto match on T+6
SFLM7	Auto match on T+7
SFLM8	Auto match on T+8
SFLM9	Auto match on T+9
SFLMX	Will not match
SFLCP	Manual actions
SFLNS	Manual settlement
SFLTM	Auto tolerance match + ATM *= Yes
SFLTP	Auto tolerance match + ATM *= No
SFLII	Issuer's Agent[Domestic Proxy Voting]
SFLAS	Auto match + Auto Split
980	Auto tolerance match + ATM* = Yes
981	Auto tolerance match + ATM* = No
985	Manual settlement
990	Auto match immediately
991	Auto match on T+1
992	Auto match on T+2
993	Auto match on T+3
994	Auto match on T+4
995	Auto match on T+5
996	Auto match on T+6
997	Auto match on T+7
998	Auto match on T+8
999	Auto match on T+9

Auto Matching [immediate]

Trades entered against SFL/990 will be matched within 60 seconds [normally less than 5 seconds] of being input. Likewise, if a trade against these parties is then subsequently deleted, the auto match party will then enter the associated matched deletion [again within 60 seconds].

Auto Matching [delayed]

Trades alleged against the delayed matching participants will be matched at start of business on the relevant trade date.

Non Matching

Transactions alleged against the participant SFLMX will never be matched.

Manual Matching

Any trade alleged against SFLCP can be manually matched by SFL, at a time requested by the client. Alternatively, SFLCP can be used to allege trades against one of your participants.

Manual Settlement

Trades using SFLNS as a counterparty will not automatically settle, instead manual settlement is performed on these by SFL at a requested time.

Trades entered against SFLAS will be auto matched then subsequently auto Split. The system will generate splits of random quantities and cash proportionately.

Transaction Hold

It is possible to hold transactions at a certain requested status. That trade will remain at that status until progressed manually by SFL or unfrozen. To freeze a trade either contact SFL or set the priority of the trade. The possible priority/freeze status are:

• Priority 2 – Freeze at “Not ready” (status B or A on REGs)
• Priority 3 – Freeze at “Delayed” (status D)
• Priority 4 – Freeze at “Ready” (status E)
• Priority 5 – Freeze at “Awaiting Registration” (status G)
• Priority 1 – Freeze at all of the above status

Changing the priority of a transaction will change the freeze status. Likewise, changing the priority to a value out of the range will unfreeze it.

Proxy Voting can be created using participant SFLII as the Issuer's Agent . The Issuer's Agent is a participant appointed to collect all the votes cast and publish the results of the meeting. See the page on Proxy Voting for more information.