The most recent daily list of CSE Buy-In Opportunities:
CSE Buy-Ins Overview
The CSE provides a "Buy-In" service for fail-to-deliver positions in CSE-listed securities.
On a daily basis, CDS tracks fail-to-deliver trades in CSE-listed securities that have received Buy-In notices. CDS provides this information to the CSE in order to identify dealers that are interested in performing a Buy-In and are able to make immediate delivery of the securities.
Dealers must opt-in to receive the list of Buy-In opportunities.
The CSE will email and post on its portal the following:
- Preliminary Buy-In list at 1:30PM
- Final Buy-In list at 2:45PM
Dealers may email their participation requests to firstname.lastname@example.org starting at 1:30PM. The cut-off time for participation is 3:00PM.
The CSE will allocate the Buy-In volume equally to the dealers participating in the Buy-In.
Once the Buy-Ins have been allocated, the CSE will generate trades marked for Cash Today settlement between the CSE and each of the dealers participating in the Buy-in.
N.L.S.P. (calculated just prior to 3:00PM) + CSE Premium
The CSE will, no later than 3:30PM, manually enter the trades. These trades will be cleared and settled by CDS on a same-day basis. Once completed, the trades will be manually reported to the participating dealers.