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Trade-Matching & Settlement
(National Instrument 24-101)
National Instrument 24-101 establishes a framework that aims to ensure a faster and more efficient processing and regulation of institutional operations that transact with a broker on a DAP/RAP* account.
To this end, this instrument obligates all parties involved in this type of operation (institutional investor, advisor, broker, safekeeper) to implement the necessary policies and procedures to meet the matching objectives provided by this instrument and to sign a trade-matching statement or a matching agreement with the parties involved in the process.
Industrial Alliance Insurance and Financial Services Inc. and each of its subsidiaries and affiliate companies subject to this instrument have completed the matching statement required by National Instrument 24-101.
The following statement confirms the implementation of policies and procedures:
Trade-Matching Statement (pdf – 221 KB)
*DAP: Delivery against payment
RAP: Receipt against payment
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