After clients create and confirm an EFP report via the Off-Book Trading Platform, the platform will send information on such EFP transaction to their respective carrying member for risk control examination. To ensure the accurate transmission of such information to the member’s counter system which covers the designated client, the member is required to register with the Exchange the trading seat number connected to such counter system.
A member can register only one EFP seat for one client, and such EFP seat is the same as the existing trading seat for ordinary trading connected to the trading system. The Exchange does not require its members to create separate trading seats for EFP transactions.
When performing such operation, the business personnel of a member are advised to confirm relevant information with its technical department.