Protege
Current- Verifying and confirming that all trades are executed correctly, matching the details between the trading counterparties.- Ensuring that securities and cash are exchanged between the buyer and seller according to the agreed settlement date.- Monitoring margin accounts to ensure that clients meet margin requirements, and issuing margin calls if necessary.- Processing corporate actions such as dividends, stock splits, right issues, new-listing & delisting, ensuring that clients receive the appropriate benefits and entitlements.- Calculating settlement price of derivative products day-to-day.- Assisting in new derivative products testing process before launch to market.- Managing internal systems and databases for tracking settlements, trades, and securities positions.- Cash Settlement for failed trades as coordinating the transfer of cash between parties for settlement, ensuring the timely and accurate delivery of payments.- Preparing reports on trade volumes, settlement status, margin levels, and other key performance indicators for management and regulatory bodies.- Facilitating the settlement of cross-border transactions involving multiple currencies, including handling the necessary currency conversions.- Maintaining close relationships with brokers to ensure efficient trade processing and handling of any settlement discrepancies.- Assisting in Bursa Gold Dinar daily operation.