Common use of Trade Reporting Clause in Contracts

Trade Reporting. 3.1 Following each matched NDF Trade, as requested by a Participant, the NDF Platform will send confirmation to the Participant, such Participant’s prime broker and/or its third-party clearing network, as identified by such Participant, setting forth the trade details either directly via a drop copy or via a clearing network (“▇▇▇”). 3.2 Each Participant is responsible for reviewing all trade confirmations provided by the Platform and for timely notifying Platform Provider of any error in the trade confirmation or ▇▇▇ in accordance with the Transaction Review Policy set forth in the NDF Rulebook. 3.3 The Participant is responsible to comply with all trade reporting requirements under Applicable Laws.