Mr. G. MASTER CHOUDARI

IPB - International Prime Brokerage.

• Responsible for pre-matching and post-settlement activities to ensure smooth trade processing.
• Handled fail management, proactively identifying and resolving settlement issues.
• Managed trades with discrepancies, such as mismatches in Standard Settlement Instructions (SSIs) and economic details.
• Regularly coordinated with brokers to expedite resolutions and improve settlement efficiency.
• Successfully maintained a settlement rate of over 90%, ensuring timely and accurate trade completion.
• Handled Fed, equity, and bonds.
• Preparing MIS and EOD reports at the end of day.
• Handling cross-border trades.
• Continuous communication with the stock borrow team to ensure the settlement.

RVP - Receive V/S payment:

• Performed trade matching by verifying internal bookings against counterparty instructions, and approved trades accordingly.
• Monitored debit cap issues and promptly notified management for resolution.
• Identified trade mismatches and coordinated with the Middle Office for timely amendments.
• Maintained effective communication with brokers to ensure smooth settlement processes.
• Actively participated in the pre-matching process to reduce settlement risk, and ensure timely execution.
• Recognised by a high-profile client for efficiently handling and approving partial trades close to market cut-off times.
• Investigated and resolved trade breaks to maintain operational accuracy.
• Prepared end-of-day (EOD) reconciliations, balanced accounts, and distributed relevant reports and files.
• Handling a high volume of trades alone, without seeking help.

DVP - Delivery V/S Payment:

• Releasing trades into the market through DTCC, ensuring timely and accurate settlement.
• Identified trade mismatches and coordinated with the Middle Office for prompt amendments.
• Prioritising onward deliveries for sensitive clients, ensuring timely and accurate execution.
• Effectively managed partial settlements, pair-offs, and full money swaps in accordance with client instructions.
• Processed client-specific trade deliveries, ensuring adherence to settlement preferences, and timelines.
• Initiated borrow requests to cover failing trades, minimise settlement risk, and ensure client satisfaction.
• Updating EOD files and assisting with EOD balancing.

AF-arranged funding:

• Executed and arranged funding transactions, ensuring efficient allocation of resources across internal entities.
• Managed inter-company SPOs (Stock Purchase Obligations) and repositioned inventory between internal accounts to optimise funding requirements.
• Oversaw securities receipts and deliveries, including initiating borrow requests to cover short positions.
• Booked and monitored cross-border trades to ensure timely and accurate settlement.
• Handled cross-market settlements such as EUR to DTC, CAD to DTC, and ensuring compliance with regional settlement protocols.
• Prepared end-of-day (EOD) reports and files for internal reconciliation and regulatory reporting.