What are the three modules in the GILT system?
GILT permits trading in the Wholesale Debt Market through the three following avenues: Order Grabbing System which provides for active interaction between the market participants in keeping with the negotiated deal structure of the market. Negotiated Deal Module which permits the reporting of trades undertaken by the market participants through the members of the Exchange. Cross Deal Module permitting reporting of trades undertaken by two different market participants through a single member of the Exchange.
GILT permits trading in the Wholesale Debt Market through the three following avenues: • Order Grabbing System – which provides for active interaction between the market participants in keeping with the negotiated deal structure of the market. • Negotiated Deal Module – which permits the reporting of trades undertaken by the market participants through the members of the Exchange. • Cross Deal Module – permitting reporting of trades undertaken by two different market participants through a single member of the Exchange.
