In addition to being a valid member of the Amex, are there any other requirements for accessing the Exchanges automated order processing systems?
Yes. The other requirements are: Clearing and Comparison The requesting firm must either be a valid clearing firm (self clearing) on the Amex, or have an arrangement with another firm that is a valid clearing firm on the Amex to compare and/or clear trades resulting from orders routed through Amex systems. If the requesting firm is not self clearing, its Amex clearing firm must submit a letter stating that it will be acting as clearing agent for the requesting firm and accepts responsibility for the comparison and/or clearance and settlement of all transactions resulting from orders entered by the requesting firm under an identified mnemonic. A separate letter is required for each entering mnemonic requested by the entering firm unless the mnemonics are added at the same time, in which case one letter can specify all of the mnemonics. Intraday Comparison for Equities (IDCE) and/or Intraday Comparison for Options (IDC) The requesting firm, or its designated clearing agent for comparing
