Mobile Clearing & Guarantee System

m-CLEARS Service

KPEI is obliged to minimize risk related to CM trading and settlement activities. Such risks include: failure in transmitting NAWC reports, late anticipation to adjust trading limit, failure to deliver securities / cash for settlement, and avoid Alternate Cash Settlement.

In order to mitigate such risks KPEI introduce m-CLEARS or Mobile Clearing & Guarantee System. This service, KPEI utilizes short message service (SMS) technology to disseminate information to CM.

Target Users

• Manager CEO of Securities Company
• Settlement Manager & Staff of Securities Company
• Finance Manager & Staff of Securities Company
• Accounting Manager & Staff of Securities Company

Advantages of m-CLEARS

• Up to second information. Latest information related to clearing-guarantee-settlement activities will be on hand
• Direct access. Information will be sent to registered users only
• Customizable. User may customize which Information should be delivered
• Timely. Information sent is synchronized to KPEI clearing-guarantee-settlement schedule.

Information sent through m-CLEARS

Settlement information

• Pending Cash
• Pending Securities
• Receivables – Securities in 004
• Receivables – Cash in 004

NAWC Information

• NAWC Status at 08.30 Western Indonesia Time
• NAWC less than 5 Billion Rupiahs

Trading Limit Information

• Trading limit – morning at 09.00 Western Indonesia Time
• Trading limit – afternoon at 13.00 Western Indonesia Time
• Trading limit projection – 17.15 Western Indonesia Time
• Trading limit – ad hoc

Collateral Information

• Fail status of COLW
• Minimum Cash Collateral Status

m-CLEARS Fee

To joint m-CLEARS information, user should register to KPEI by:

• Filling in m-CLEARS registration form and submit it to KPEI
• Filling in m-CLEARS registration form in www.kpei.co.id

For further information about m-CLEARS, please contact m-CLEARS help-desk: +62 21 5299 5678