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Tolerance Matching

Tolerance Matching is an optional facility offered to members which allows you a degree of flexibility when matching your transactions.

The CREST Simulator offers you the option of allowing your transactions to be included within the Tolerance Matching [TM]functionality.

Only participants who have opted into TM are able to have their consideration amount amended within the tolerance bands of £10, €15 and $15.

TOLERANCE MATCHING COUNTERPARTIES

Use any of the following SFL counterparties for your TM testing :-

SFLTM: This party will auto match (like SFL) but will generate a matching input which is within the £10 or 15$/€ threshold. The "allow tolerance match" flag is set on for this party, so it will adjust its consideration if your party does not allow TM. If both parties allow TM, then whoever is the Stock Taker will be adjusted.

SFLTP: This party is to be used if you want to ensure that your party always has its consideration adjusted. The allow TM flag is not set "ON" SFLTP, but if it is for your inputting party, the system will generate a matching transaction within the threshold.

SFLAT: This system party does allow TM, but does not generate an auto match. Instead, the match will be generated manually on your request, with the required consideration. This can be used when you want the generated transaction to be outside of the tolerance thresholds so a mismatch is simulated.

 

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