Business Continuity Plan on Recent Experience By Thailand Securities Depository.

Slides:

Advertisements

Similar presentations

Dubai Financial Market

Advertisements

Caribbean Exchanges Network (CXN) Framework and Infrastructure Presented By: Marlon Yarde December 5, 2013.

Central Registration Department

THE ROLE OF CSDs DURING ENVIRONMENTAL CRISIS OR OPERATIONAL DISRUPTION THE ROLE OF CSDs DURING ENVIRONMENTAL CRISIS OR OPERATIONAL DISRUPTION A PRESENTATION.

Sharing Session: Business Contingency Plan (BCP) Big Flood Disaster

1 Straight Through Processing The Success Story in TSD.

BCP: Emerging Themes for Custodians Giles Elliott SVP, Head of Business Development & Support HSBC Securities Services, Hong Kong.

Straight Through Processing (STP) Development Concept & Roadmap Indonesian Central Securities Depository (KSEI) Indonesian Central Counterparty (KPEI)

Slovakia Debt and Liquidity Management Agency Daniel Bytčánek Director of ARDaL Tomáš Kapusta Head of Debt Management Department 2 nd Acceding Country.

Partner KPEI Securities Borrowing & Lending 8 th Asia-Pacific Central Securities Depository Group Cross Training Seminar June 27 th – 28 th, 2006, Bangkok.

DTAC Dual Listing 2 Methods to Trade DTAC Securities (from Singapore) in Thailand: 1. Withdraw Securities to receive the certificate Shareholders in Singapore.

5/25/ Introduction  SLB is defined as the temporary exchange of securities with an obligation to redeliver the same securities in the same number.

Clearing and Settlement Risk Management

Chapter 2. Financial Intermediaries & Financial Innovation

ECON305, Maclachlan, Fall 2006 Money & Banking Introduction Chapters 1 & 2 Week 1.

Nile Information Technology – NIT Application Service Provider

An electronic machine that bank customers and credit union members can use to withdraw cash and make other financial transactions.

I.1 ii.2 iii.3 iv.4 1+1=. i.1 ii.2 iii.3 iv.4 1+1=

I.1 ii.2 iii.3 iv.4 1+1=. i.1 ii.2 iii.3 iv.4 1+1=

Business Continuity & Disaster Recovery Planning at The Chicago Board of Trade Presented By: Bryan Durkin Sr. Vice President The Chicago Board of Trade.

OTC TRANSACTION PROCESS IN NIGERIA A PRESENTATION FROM CENTRAL SECURITIES CLEARING SYSTEM LIMITED ON.

Financial Evolution, Regulatory Reform and Cooperation in Asia Session 3: Asian Financial Cooperation Doowon Lee.

1 Is There A Room For Regulatory Improvement? Facts Need for Improvement? A Few Ideas Kristijan Polenak, member of MSE Board Partner, Polenak Law Firm.

Japan Securities Clearing Corporation June 27 th -28 th, Presentation by Presentation by Japan Securities Clearing Corporation The 8 th ACG Cross.

BCP of Japanese Securities Industry July 5, 2007 Japan Securities Clearing Corporation.

STOCK EXCHANGE OF THAILAND (SET)

Thailand Futures Exchange August 10, 2005 Kesara Manchusree Managing Director.

Tehran Stock Exchange Service Company (TSESC): Introduction and Post-Trade Responsibilities September 19, 2005.

May 22, 2003Risk management in KELER1 Risk management in KELER Budapest May 22, 2003 Kristóf Matuszka risk analyst.

Maldives Securities Depository Fathimath Shafeega Chief Executive Officer.

STP In Korean Securities Market VISION 2015 We bridge Asia and the rest of the world as Global Partner with internationally compatible investment services.

Member Report The 11 th ACG General Meeting 2 – 4 September 2007 Beijing, China PT. KUSTODIAN SENTRAL EFEK INDONESIA.

Lecture 2: Financial Markets and Institutions Financial Management.

1 TSD’s SBL Service The 8 th ACG Cross Training Seminar June 28, 2006 Busaba Kongpanyakul Business Development Department.

Central Bank of Iceland Financial stability 2012/1 Charts.

Clearing, a prerequisite for a derivatives market Philip Buyskes, CEO, Frontclear Building African Financial Markets 17 September, JSE, South Africa.

1 BVMF’s Self-Assessment ACSDA Worskshop on CPSS-IOSCO Principles for FMIs September, 25 th 2012 BVMF’s Self-Assessment ACSDA Worskshop on CPSS-IOSCO Principles.

Buying into market of corporate bonds denominated in Russian rubles Step-by-step guide Alexey A. Loginov Senior Consultant, Financial Engineering Department,

Integrated Collateral Management Thailand Securities Depository ACG Cross Training 11 th.

Azleema Ahmed Deputy Manager Capital Market Development Authority (CMDA)

9 th ACG Cross-Training Seminar Precautionary Measures during Outbreak of SARS (2003) Hong Kong Securities Clearing Company Limited 5 th July 2007 – Kuala.

MEMBER REPORT BYNCCPL NATIONAL CLEARING COMPANY OF PAKISTAN LIMITED BYNCCPL.

BCP-Mumbai Mega Flood BCP-Mumbai Mega Flood Presented by NSDL.

Settlement MODEL Presented by Mrs Kaouther RAACH.

Sub-Custodian Risk John M. Cotter Vice President & Global Network Manager March 31, 2010  Please consider the impact on the environment before printing.

GSE SECURITIES DEPOSITORY COMPANY LTD AMEDA PRESENTATION APRIL 26, 2012.

“Empowering captive members & authenticated users to confidently promote and encourage fair, secured and efficient bilateral and multi-lateral trades”

1. Securities Lending and Borrowing (SLB) Introduction  SLB is defined as the temporary exchange of securities with an obligation to redeliver the same.

ACSDA International Seminar Johannesburg, South Africa November 19-21,2003 Centralized X Decentralized Systems Amarílis Prado Sardenberg Amarílis Prado.

1. INTRODUCTION  December 17, 2010 : Start of the revolution’s first spark by the immolation of the young Mohamed Bouazizi.  December 19, 2010 : Protests.

Jay Baum Lars Petersson December 15, 2003 Slide 1 Depository Trust & Clearing Corporation Managing Paper for The Financial Services Industry.

CLEARING DEPOSITORY & SETTLEMENT (CDS) AMEDA Conference Sun City October 2008.

How to protect investor’s transaction right Suyi Liu

Global Capital Market Size Market consists of stocks, bonds, derivatives. Bank loans not included. Bonds include all kinds of debt instruments. Derivative.

1 M O N T E N E G R O Negotiating Team for the Accession of Montenegro to the European Union Working Group for Chapter 9 – Financial Services Bilateral.

Order-Driven Trading General Description RTS Stock Exchange September, 2007.

SEBI INVESTOR AWARENESS PROGRAMME - SECONDARY MARKET

March 2006 IT For Financial Services Joe Leinhauser TREASURY & SECURITIES SERVICES.

Mongolian Securities Clearing House and Central Depository Co., Ltd

Margin Trading System Based on Securities (Leveraged Markets and Pledging) Rules, 2011 and Concept Paper.

EU RULE FOR FREE MOVEMENT OF CAPITAL

1. Capital Markets (meaning, functions, and constituents); 2

Global Payments Week 2008 Vienna, Austria September 9th-12th

Electronic Systems Eng. Saker Aslan

ROLE OF CSDs IN POLITICAL DISTURBANCES

Midclear’s Current Status Chairman – General Manager

Class 6- The Failure of Regulation? November 6, 2010

The Unified Central Securities Depository

Development of an Inter-Regional Payment System Integration Framework Workshop- Overview of EAC Current Regional Payment System Integration Initiatives.

Implications of Exchange Mergers on Post-Trade Infrastructures

Presentation transcript:

Business Continuity Plan on Recent Experience By Thailand Securities Depository

Thailand Securities Depository (TSD) Subsidiary of The Stock Exchange of Thailand (SET) Established on November 16, 1994 The main objective is to develop and promote back-office system.

TSD Services TSD services can be provided into 5 main areas;  Securities Depository  Clearing and Settlement Cash Market (Stocks and Bonds) Derivatives Market (Performed by Thailand Clearing House (TCH), subsidiary of TSD)  Registration, and;  Broker Operation Services

Incidents to apply BCP Political reasons - Riots - Coup d ’ etat Natural Disasters - Earthquake - Flooding Unable to access to the work place (main site)

Problem AreasBCP actions I. Communication between TSD and Bank of Thailand or Settlement Banks Declare emergency and announce BCP In case: TSD system failure - Inspected by IT - Switch link to back up site In case: Bank of Thailand or Settlement Banks system failure - Communicate to settlement banks - Send instructions to banks by or fax BCP Possible Problem Area

Problem AreasBCP actions II. Communication between TSD and Members Switch link to back up site In case: members ’ system operates - Send information to members by or fax In case: members ’ system failure - Get information from members, TSD operates back office operation on behalf of members - Members use TSD operation site to perform back office operation. BCP Possible Problem Area

Problem AreasBCP actions III. Main Site or system Failure Declare emergency and announce BCP Switch link to backup site Connect to back up server and re- check transaction BCP Possible Problem Area

Problem AreasBCP actions IV. Main Site and Back Up Site Failure Declare emergency and announce BCP Suspend all settlements Inform all markets for halting all trading BCP Possible Problem Area

Crisis Flow And communication

BCP on COUP D ’ ETAT (Sep 19, 2006) Impacts to Financial Institutions on September 20 Bank of Thailand (BOT) closed All settlement banks closed Stock Market (SET), Bond Market (BEX) and Derivatives Market (TFEX) Closed All financial institutions closed

TSD Actions on September 20 Call meeting for the incident according to state BCP Co-ordinate with SEC, BOT and members to announce a special non-business day on September 20 All settlements on September 20 were rolled over to September 21. Pending Settlement Value; - Stock Market : Mil ฿ 2,697 (Mil$ 77) - Bond Market : Mil ฿ 60,309 (Mil$ 1,723) - Derivatives Market : Mil ฿ (Mil$ 0.63) (Remark : $1 = ฿ 35)

Situation was normal. Market opened and closed on schedule. All systems worked well and smoothly. All settlements on September 21 and so on were rolled over to the next business day. What happened to the next market operation day (September 21) ?

What is your best practice, if this kind of incident happens in your market ? Will you roll over all settlements to the following day on and on? Will you settle the extra round for the special non-business day settlement on the following day?

Questions and Answers

More Information

Thank you