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Give up/Take up

Give up/ Take up

Sending a trade from the executing broker to another member. This does not imply a modification in the trade price and the maximum volume is that of the original trade.

A type "G" operation identifies a give-up. The member performs the give-up itself. The clearing broker and its clearing member must accept the trade.

A trade that has had an allocation, regularisation or give-up, will not appear as a live trade in the original account in the live trades file, but will appear as a live trade in the account in which the transaction was received.




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