To enhance the SPSA service, an optional Master SPSA Service is introduced for fund managers managing multiple Special Segregated Accounts (SPSA). Individual SPSA IDs are mapped to a Master SPSA ID for pre-trade checking in sale transactions.
When using the Master SPSA Service, the sellable balance of mapped SPSAs is aggregated for pre-trade checking at Master SPSA ID level. The sellable balances of the mapped SPSAs become zero and thus, no sell orders on individual mapped SPSAs are allowed. Upon termination of the use of Master SPSA Service, the Master SPSA ID is removed and the sellable balance of the previously mapped SPSAs will be used for pre-trade checking.
FAQ and Briefing Materials
Application of Master SPSA Service
- For new applications:
- For ongoing maintenance, change of information and termination:
Technical Documents
Circulars
News Release
Rule Amendments
Updates on CCASS Terminal User Guide