Straight Through Processing adoption requires market participants to implement ISO 15022 messaging and electronic contract notes for automated settlement. Mandate requires market participants to implement Straight Through Processing by adopting the ISO 15022 messaging standard, electronising contract notes, and establishing connectivity among custodians, exchanges, depositories and intermediaries to enable end-to-end electronic trade processing, reduce manual intervention and operational risk, and support shorter settlement cycles.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Straight Through Processing adoption requires market participants to implement ISO 15022 messaging and electronic contract notes for automated settlement.
Mandate requires market participants to implement Straight Through Processing by adopting the ISO 15022 messaging standard, electronising contract notes, and establishing connectivity among custodians, exchanges, depositories and intermediaries to enable end-to-end electronic trade processing, reduce manual intervention and operational risk, and support shorter settlement cycles.
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