Columbus EF (East Tower)
Give Up Overview
What is a give-up and why have give-ups become standard practice in the futures industry? Where are give-ups allowed?
Give-ups- the practice of the executing broker giving up trades to another broker to be cleared- have proliferated over the past decade causing payment and processing nightmares. This give-up workshop is designed to give delegates an overview of the give-up process with specifics on the FIA International Uniform Give-Up Agreement, in-depth coverage of give-up processing, and a review of the give-up practices at various U.S. exchanges.
Ray Tubridy, Director, Merrill Lynch Pierce Fenner & Smith