Thursday May 12, 2016
DisclosureWise provides a single platform for reporting Short Sale disclosures in Australia, Hong Kong and the European Union. All the users have to do is submit the following information to DisclosureWise:
- ISIN code
- Short quantity
- Trade date
Our Short Sale disclosure platform will then apply different processing and monitoring rules and submit positions to the regulator automatically. Following is a matrix summarising these rules:
Calendar check | Valid symbol check | Threshhold check | Market value calc | Net holding calc | Determine reporting venue | Annotate for previous submission | Filter non-reportable symbols | |
Australia | Yes | Yes | N/A | N/A | N/A | Yes | N/A | N/A |
Hong Kong | Yes | Yes | N/A | Yes | N/A | Yes | N/A | Yes |
EU | Yes | Yes | Yes | N/A | Yes | Yes | Yes | Yes |