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  • No : 4866
  • Updated Date : 2018/06/26 08:15
  • Modified on : 2019/06/24 14:13
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[J-GATE]About the setting of Algorithm for House and Client

1. Should algorithm flag be necessary to set for HOUSE in the CLIENT/HOUSE category ?

2. Should algorithm flag be necessary to set for CLIENT in the CLIENT/HOUSE category using the dedicated TAP ?

3. Should algorithm flag be necessary to set for CLIENT in the CLIENT/HOUSE category and for the order using Affiliate Account (AF1) in JSCC Derivatives Settlement System ?

 
Category : 

Answer

1. If you are HST for House trading, algorithm flag (3-6) should be set for only the orders which are actually HST.

2. If your client is HST, algorithm flag (3-6) should be set for their orders which are actually HST.
   Algorithm flag should NOT be set for orders of non-HST clients.(the relative area should be kept in blank (=space))
   Please consult with JFSA whether you need to apply or not.

3. As answered in the above 2, algorithm flag (3-6) should be set for their orders which are actually HST of your clients.
   Therefore, setting to JSCC for Affiliate Account (AF1) does not relate to algorithm flag regarding HST.

 

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