After the trade is agreed between participants, how long does SFE require to process and publish the transaction?
The SFE Participant(s) to a Block Trade must release a message via the SYCOM message facility within 5 minutes of trade negotiation. These messages are available from the d-cyphaTrade and SFE websites and via free email alert service from d-cyphaTrade. Subject to validation, SFE will disseminate confirmation of Block Trade information within 2 hours of registration. Validated Block Trades will be published to the market via the SYCOM message facility. Executing Participants will however be informed immediately after SFE has validated the Block Trade.