Solution is still being discussed at the Mass Transition Task Force meetings
Background
Status:
Closed
Date Posted:
08/17/2005
Sponsor:
Texas SET
Urgent:
No
Sections:
814_10, 814_03, 814_04, 814_14, 814_15
Description:
Create transactional process for handling a CR to CR Mass Transition
Reason:
Operational/System Impact: The current process for handling a CR Customer Default requires manual intervention and workarounds in order to get the transactions processed through Market Participant’s systems using the transactions that currently exist in the market.
Market Impact: This process is time consuming and contributes to UFE in the Market.