NSCC currently performs certain keypunch services for its member firms. The data for the jobs listed below is either faxed or delivered by messenger daily to the clearing corporation’s facility at 55 Water Street, where it is data-entered on behalf of the submitting firms. These jobs include:

APPLICATION

1. CNS Fully Paid

2. Correspondent Clearing

3. Bond Advisory Muni

4. Bond Open Adv. Mkt.

5. OTC Open Advisory

6. OTC AS OF

7. OTC Seller Withhold

As of the close of business on December 31, 2001, NSCC will cease its data entry services, with the exception of New York State Stock Transfer Tax. Applications 1 through 4 are available to members on PC Web Direct. For the OTC applications, 5 through 7, members can use either ACT, direct transmission, or the new NASD web-based product. Members are encouraged to contact the NASD for more information on those products.

Questions regarding this information should be directed to your relationship manager, or Walter Gates, Manager of Envelope Settlement Services, at (212) 855-2422, or Tom Joyce, Director of the New York Window, at (212) 855-2420.

Joseph Clemente
Manager, Product Management