BGC Partners INC Objectives:

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Presentation transcript:

BGC Partners INC Objectives: To test the ability of member firms to conduct business based on alternate connectivity and/or back-up facilities with BGC. Assumptions: The test is intended to confirm connectivity, verify data transmission, member firms ability to enter orders and receive trade confirms. All transactions are strictly for test purposes. All transactions will be removed from our systems at the completion of the test. All member firms are responsible for purging any test trades from their systems (STP, RISK). All member firms have logged in with the STP applications the evening before to insure that all confirms have been received. If member firms plan on performing trades to test connectivity, we encourage them to enter orders of equal size on both the BUY and SELL side to zero out any position. Products/Symbols Available: US IRS FX US Treasury Swaps Repo Credit 1

BGC Partners INC (cont’d) Scope of Test Plan: We will be conducting our test from our multiple locations. All Production logins/access will be available for use during the test. System Availability: 9am-10am Mock trading from Site I 10:30am-10:40am Failover to Site II 10:40am-12:00pm Mock trading from Site II Support: For support, verification of screen prices or trade executions please contact the Support Desk @ 212-610-2300. Connectivity If member firms do not have alternate or back-up facilities to BGC, they have the option to connect to us via the Internet. For any questions, please contact the Support Desk. Levels of Successful Connectivity Tests: I. Receipt of data on BGC Rates /BGC Trader/ BGC Credit or in-house applications. II. Transmission and acceptance of Market or Order. III. Receive and Acknowledge Trade Confirm on BGC Rates / BGC Trader / BGC Credit or member application. IV. Receive and Acknowledge Trade Confirm via member STP application.