Cédulas Quotation and Market Window in the Senaf Terminal

N.: 4-digit code of the issue, identifying it for sending orders or making queries.

Issue: Name of the issue, nominal coupon and month and year of redemption.

VU: Tradable nominal unit volume. The issue can be traded in multiples of this value,
which is expressed in milion of €.
S: State of the depth. "C" when the bid or ask positions in the queue belong to another client
and "P" when they are own positions.
B: Broker through which the bid or ask position was entered. "X" if the position was entered
directly by the client.
Vol.: Volume in bid or ask, in milion of €.

Price: Price of bid and ask.

MYB: Marginal Yield of bid.

MYA: Marginal Yield of ask.

LPT: Last price crossed in the issue.

TTV: Total volume crossed in the issue.

New Issues Quotation and Market Window in the Senaf Terminal

N.: 4-digit code of the issue, identifying it for sending orders or making queries.

Issue: Name of the issue, nominal coupon and month and year of redemption.

VU: Tradable nominal unit volume. The issue can be traded in multiples of this value,
which is expressed in milion of €.
S: State of the depth. "C" when the bid or ask positions in the queue belong to another client
and "P" when they are own positions. .
B: Broker through which the bid or ask position was entered. "X" if the position was entered
directly by the client. .
Vol.: Volume in bid or ask, in milion of €.

Price: Price of bid and ask.

LPT: Last price crossed in the issue.

TTV: Total volume crossed in the issue.

New Position Windows

• For those issues where the system allows profitability calculations, the operator can enter Price or Yield. The CALCULATE PRICE/YIELD button will update the Price and YIELD cells in accordance with the data entered by the operator.
  
• If the operator enters a price, he can click directly the SEND button to enter the order.
  
• If the operator enters a yield, he will have to click on CALCULATE PRICE/YIELD. The system will adjust the price and yield, and the SEND button will be activated in order to enter the order in the system.
  
• For those issues where the system does NOT allow YIELD calculations, the user cannot type into the YIELD cells, and the CALCULATE PRICE/YIELD button will remain inactive.

Warning Window of Crossed Transactions

This window will be shown, when a trade is crossed, in the terminals of the involved parties, having these of 30 seconds to call to the Supervision Department in the case of wanting to annul such trade for counterparty risk. Once elapsed this 30 seconds the trade will be valid at all.

Window of Crossed Transactions

Window of Annulled Transaction

When a transaction annulment is made because of counterparty risk, the Senaf terminal of the involved parties will display a window informing of the annulment. The user will have to click on the ACCEPT button to make the window disappear.