The large trader positions reported by clearing members are compared to clearing-member data reported by the exchanges. An inquiry is made to the appropriate exchange if: the sum of a clearing member’s large trader positions exceeds the member’s open cleared position; or; a clearing member has a cleared position many times the reporting A large trader is an investor or organization with trades that are equal to or in excess of certain amounts as specified by the SEC. Large traders must register with the SEC. Large Traders: Forms & Submissions. This page contains forms and other documents related to Large Traders who report futures and option positions at or above specific reporting levels as set by the Commission. More information about Large Traders is available in the Industry Oversight section. Hi all, i am a relatively new trader (about 12 months live trading in options). I just recently got contacted by my brokerage to register as a large trader with the SEC. Has anyone run into this and had to register? I am confused about the process of obtaining what they call a "CIK" key. Any enlightenment would be much appreciated. The large trader reporting requirements have two primary components: (1) Registration of large traders with the Commission; and (2) recordkeeping, reporting, and monitoring duties imposed on registered broker-dealers that service large trader customers. The Large Trader Rule applies to any type of agent having Investment Discretion over an account, including broker-dealers, and requires each Large Trader to register if the defined trigger levels are met. Large Traders include regulated and unregulated entities as well as domestic and foreign persons.
5 Mar 2018 Any market participant who is, by definition, a large trader must identify themself to the SEC and submit Form 13H, "Large Trader Registration: 12 Oct 2017 Answer: Rule 13h-1(a)(1)(i) defines a “large trader” as a person that For large traders who register starting in 2012, an annual filing is United States Securities and Exchange Commission. FORM 13H. Large Trader Registration. Information Required of Large Traders Pursuant To Section 13(h) of The SEC has enacted a "large trader" reporting rule requiring both foreign and to register with the SEC via Form 13H and obtain a Large Trader Identification
The fund manager often makes large trades, and in some cases trades more than 2 million shares a day. The Securities and Exchange Commission requires the fund manager to register as a large trader, meaning she must file a Form 13H ("Large Trader Registration"). The trader's trades receive an identification number from the SEC. (d) Jurisdiction in which the large trader entity is incorporated or organized: (state and country) ITEM 6. LIST OF BROKER-DEALERS AT WHICH THE LARGE TRADER OR ITS SECURITIES AFFILIATES HAS AN ACCOUNT. Identify each broker-dealer at which the large trader or any of its Securities Affiliates has an account and the types of services provided.
United States Securities and Exchange Commission. FORM 13H. Large Trader Registration. Information Required of Large Traders Pursuant To Section 13(h) of The SEC has enacted a "large trader" reporting rule requiring both foreign and to register with the SEC via Form 13H and obtain a Large Trader Identification 10 Aug 2011 The compliance date for large traders to register with the SEC by filing Form 13H and identify themselves as large traders to registered broker- 3 Oct 2011 Voluntary Registration. 2. Duties of a Large Trader a. File Form 13H with the Commission i. Initial Filings – Who Must File? ii. Annual Filings iii.
Getting an Identification Number: After it files Form 13H to register with the Commission, the SEC will then assign each large trader a unique large trader identification number (LTID), which will allow the agency to efficiently identify and analyze trading activity by the large trader. A large trader will be required to disclose to its broker-dealers its LTID and highlight all of the accounts at the broker-dealer through which the large trader trades. large trader must file an “Amended Filing” when, for example, it changes its name, business address, organization type (e.g., the large trader partnership reincorporates as a limited liability company), or regulatory status (e.g., a hedge fund registers under the Investment Company Act),