Service Registration
TPHs wishing to use the CCS should first contact Membership Services. Membership services will instruct registering TPHs on required registration profile information.
Registered TPH profile information is used for clearing trades resulting from an unanimously approved compression portfolio, and for reporting to the Consolidiated Audit Trail (CAT). In addition to the notification email address and authorized firm logins, TPHs registering to use multilateral compression must provide the following information:
| Profile Field | Description |
|---|---|
| EFID | A single Cboe Executing Firm ID, which uniquely identifies the firms OCC ID that will be used to clear all CCS trades. Firms are not provided with the ability to clear multiple EFIDs; only a single EFID is allowed. |
| Clearing Capacity | Allowed Cboe Capacity codes are M (Market Maker), N (Away Market Maker), F (Firm), and L (Non-TPH Affiliate). |
| Market Maker Clearing Account | Required only if Clearing Capacity is set to M or N. Maps to OCC Sub Account ID. If provided, value must correspond to valid Market Maker Clearing Account at the OCC. |
| Account | Maps to OCC Customer ID |
| OCC Clearing Optional Data | Optional clearing data. Empty text allowed. |
| Firm Designated ID | Firm assigned trading account identifier used in Firm Designated ID field value in CAT MONO events. |
| Self-Report IM Events | Boolean value specified by firm to indicate whether firm wishes to submit IM event files (i.e., self-report) or wishes Cboe Silexx, LLC (Cboe Silexx)3 to submit MONO and MOOR event files to CAT on behalf of (OBO) the firm. TRUE = firm submits IM event files, FALSE = exchange submits IM event files on behalf of the firm |
3 See Update - Consolidated Audit Trail (CAT) – "on Behalf of Reporting" Expanded in Preparation for CAT Phase 2D Reference ID: C20211111201 (November 12, 2021) regarding requirements to authorize Cboe to both provide CAT data files to TPHs and, for interested TPHs, to submit data files to the CAT on behalf of such TPHs.