FUTURES:
- a communication issue (between Fund manager and trading/settlement desk)
- as a routine, if no specific instructions, un-settled index future positions will be carried forward to next month.
- since we don’t have a dedicated PB, this ‘by default’ practice doesn’t not seem to be valid in our current trading/settlement relationship.
Tips:
MUST fully communicate with Fund manager…
EQUITIES:
- route a wrong order to Broker
Tips:
MUST listen & look very carefully for Fund manager’s words & emails…
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