Member Interface
Member Interface (MI) is a portal that serves to provide integrated and comprehensive information related to the activities carried out by Clearing Memeber (CM) in connection with IDClear functions to conduct clearing and guarantee settlement of stock exchange transaction.
By accessing this portal, CM can easily find information about Risk Management related to the transaction activity conducted by CM that calculated by IDClear and CM Trading Limit Value. In addition to Risk Management information, CM can also view clearing and settlement positions through the Obligation and Right Report
Some of the menu associated with KPEI Risk Management System (RMS):
- Risk Management Report: Information on the valuation of collateral and the risk of CM unresolved position.
- Static Data, Risk General Information: information risk parameter used by IDClear.
- Trading Limit Allocation: Menu for information on the allocation of Trading Limits for CMs and Trading Members across various markets (Equity, Derivative, Fixed Income, Securities Lending and Borrowing)
Member Interface also provides information on:
- Right and Obligation Report: Information clearing positions and rights and obligations of AK information on each settlement date
- Simulation of order, collateral and trade: Simulation of the adequacy of the Trading Limit for orders that will be executed by AK
- Message: delivery menu questions or complaints on IDClear
The concept of Straight Through Processing (STP) in the Member Interface
Member Interface flow process is based on Straight Through Processing (STP):
- Order value of stock transactions by exchange members through PDC system will look at the Dashboard Member Interface.
- Collateral Valuation done by the New RMS system will be displayed in the Dashboard and Effective Collateral Collateral Report on Member Interface.
- Matched Trade will be calculated risk by the New RMS system will then be displayed in the value of collateral in the Dashboard Member Blocked Interface and Exposure Report on Member Interface.
- Trading Limit valuation results are calculated net of collateral exposure values ??are then displayed via the System Interface Member of the Dashboard and Report Trading Limit
- Unresolved position for each settlement date can be seen on the Obligation and Right Report.