SABI · Equity Market
Equity Market
Order entry on the exchanges covering every instrument in the applicable rules, commission computed from the assignment onward, and automatic securities reconciliation.
Commission is computed from the assignment onward, not at end of day: that is what lets average cost, the accounting entry and the closing control figures all come out of the same trade, with no need to reconcile three versions of the same number.
01
Front office
- Order entry on the stock exchanges, under the exchange’s current rulebook
- By instruction: to the book or to the desk
- By type: limit, pure market, market with protection, hidden volume, passive and active MPL, opposite side, at the close, after the close, mid price, specific time, day average, packages and global orders
- Instruments: shares, international quotation system, REITs, debentures, ordinary participation certificates, equity contribution certificates and trust-issued development, real-estate, indexed, energy and infrastructure or investment-project certificates
- Order dispatcher to the desk
- Direct electronic access channels
- Baskets and average costs
- Automatic assignment and assignment correction
- Settlement date changes
- Own position
- Order modification and cancellation: price, validity, specific time, limit price, hidden-volume percentage and volume
02
Back office
- Settlement with the Mexican Stock Exchange
- Physical entries and exits
- Online brokerage calculation and adjustments
- Integrated commission calculation from the assignment
- Automatic securities reconciliation with the depositary
- Generation of accounting entries
- Closing control figures
- Operating schedule management
- Operating limits for packages and global orders
- Corporate rights
- Exchange, split and reverse split
- Spin-offs, mergers and capitalisation
- Redemptions, subscriptions and dividends in cash or shares
- Public purchase and sale offers
03
Compliance
- Ordinary reports for the banking and securities regulator
- Audit layouts for the regulator and the Mexican Stock Exchange
- PAC 1 and PAC 2 with the central bank
- RC05 with the central bank
- Determination of gains and losses for the tax process
In NextSabi this market is the pack sabi-mc →