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As filed with the Securities and Exchange Commission on January 31, 2034

 

THIS DOCUMENT IS A TECHNICAL ILLUSTRATION OF HOW CERTAIN DISCLOSURES IN SEC FILINGS ARE TO BE TAGGED. IT DOES NOT INDICATE WHICH PARTICULAR DISCLOSURES MUST BE INCLUDED AND/OR TAGGED IN COMMISSION FILINGS, AND IT DOES NOT CONSTITUTE LEGAL GUIDANCE OF ANY SORT.

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

ANNUAL REPORT ON STRAIGHT THROUGH PROCESSING

Form TBD 

 

XYZ Clearing Agency

(name of registrant) 

 

100 F St. NE

Washington, DC 20549

  

 

Summary of Policies and Procedures to Facilitate Straight Through Processing

 

XYZ Clearing Agency has policies and procedures to facilitate straight through processing (STP) of securities transactions. XYZ Clearing Agency provides users a platform that uses automated trade matching, settlement instruction and settlement statuses for all parties to enable straight through processing…

 

 

Description of the XYZ Clearing Agency’s progress in facilitating STP

Over the past twelve months, the number of securities transactions completed by XYZ Clearing Agency by using STP increased significantly due to [...]

Over the next 12 months, XYZ Clearing Agency plans to perform additional outreach to inform users of the availability of XYZ Clearing Agency’s platform to automate trade matching, settlement instruction and settlement statuses to enable STP…

STP Data Table (in millions)

January 2033                
  Central Matching Electronic Trade Confirmation
  Service Provider Broker-Dealer Service Provider Broker-Dealer
  Stocks Bonds Stocks Bonds Stocks Bonds Stocks Bonds
Number of trades submitted 8.00 6.00 10.00 12.00 9.00 7.00 9.00 11.00
Number of allocations submitted 7.75 575 975 1,175 8.75 6.75 8.75 10.75
Number of confirmations submitted 7.50 5.50 .95 11.50 8.50 6.50 8.50 10.50
Number of confirmations canceled 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50
Percentage of confirmations affirmed on trade date 80% 81% 82% 83% 84% 85% 86% 87%
Average seconds from confirmation to affirmation 6.0 5.5 5 4.5 4 3.5 3 2.5
Percentage of allocations and confirmations that are matched and automatically confirmed 75% 76% 77% 78% 79% 80% 81% 82%
Progress Metric specific to XYZ Clearing Agency 60% 61% 62% 63% 64% 65% 66% 67%

 

 
 

 

February 2033                
  Central Matching Electronic Trade Confirmation
  Service Provider Broker-Dealer Service Provider Broker-Dealer
  Stocks Bonds Stocks Bonds Stocks Bonds Stocks Bonds
Number of trades submitted 8.00 6.00 10.00 12.00 9.00 7.00 9.00 11.00
Number of allocations submitted 7.75 575 975 1,175 8.75 6.75 8.75 10.75
Number of confirmations submitted 7.50 5.50 .95 11.50 8.50 6.50 8.50 10.50
Number of confirmations canceled 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50
Percentage of confirmations affirmed on trade date 80% 81% 82% 83% 84% 85% 86% 87%
Average seconds from confirmation to affirmation 6.0 5.5 5 4.5 4 3.5 3 2.5
Percentage of allocations and confirmations that are matched and automatically confirmed 75% 76% 77% 78% 79% 80% 81% 82%
Progress Metric specific to XYZ Clearing Agency 60% 61% 62% 63% 64% 65% 66% 67%

 

March 2033                
  Central Matching Electronic Trade Confirmation
  Service Provider Broker-Dealer Service Provider Broker-Dealer
  Stocks Bonds Stocks Bonds Stocks Bonds Stocks Bonds
Number of trades submitted 8.00 6.00 10.00 12.00 9.00 7.00 9.00 11.00
Number of allocations submitted 7.75 575 975 1,175 8.75 6.75 8.75 10.75
Number of confirmations submitted 7.50 5.50 .95 11.50 8.50 6.50 8.50 10.50
Number of confirmations canceled 0.50 0.50 0.50 0.50 0.50 0.50 0.50 0.50
Percentage of confirmations affirmed on trade date 80% 81% 82% 83% 84% 85% 86% 87%
Average seconds from confirmation to affirmation 6.0 5.5 5 4.5 4 3.5 3 2.5
Percentage of allocations and confirmations that are matched and automatically confirmed 75% 76% 77% 78% 79% 80% 81% 82%
Progress Metric specific to XYZ Clearing Agency 60% 61% 62% 63% 64% 65% 66% 67%