A: 4526 December 9, 1996
P&S 4113
TO: ALL PARTICIPANTS
ATTENTION: DIRECTOR OF OPERATIONS
MANAGER P&S DEPARTMENT
MANAGER CASHIERS DEPARTMENT
MANAGER DATA PROCESSING
SUBJECT: 1997 RECAP SCHEDULE
Dates for NSCC's quarterly Reconfirmation and Repricing Service ( RECAPS) have been scheduled for 1997. Equity, municipal, corporate, UIT and zero instruments that are five business days or older are eligible to be submitted to NSCC for comparison and repricing.
1997 QUARTERLY RECAPS CYCLE CALENDAR
Participants must submit their CUSIP files by 5:00 p.m. for Friday's anticipated fail input. |
TUES. | MAR. 18 |
JUN. 17 |
SEPT. 16 |
DEC. 9 |
Participants must submit their fail input no later than 2:00 a.m. Saturday morning |
FRI | MAR 21 |
JUN 20 |
SEPT 19 |
DEC 12 |
NSCC generates Contracts,CNS and Non-CNS Compared Trade Summaries and Balance Orders to participants for Friday's fail input,for Monday review and supplemental processing |
SUN | MAR 23 |
JUN 22 |
SEPT 21 |
DEC 14 |
Supplementary input (e.g.,advisories,as-of's) must be submitted no latter than 4:00 p.m. |
MON |
MAR 24 |
JUN 23 |
SEPT 22 |
DEC 15 |
NSCC generates contracts,CNS and Non-CNS Compared Trade Summaries and Balance Orders |
TUES |
MAR 25 |
JUN 24 |
SEPT 23 |
DEC 16 |
Questions regarding this notice should be addressed to NSCC's Participant Services at
(212) 4128432 or the undersigned at (212) 4128659.
Bernard M. Sweeney
Director, Production Services