Post Trade

After a trade has executed, OpenYield Operations may, under exceptional circumstances:

Action	Applies to	Description
Cancel	Bilateral or Intermediated	Both parties agree; OpenYield cancels the fill (or both legs) and sends FIX confirmations on the TR and DC sessions.
Correct	Bilateral or Intermediated	Both parties agree; OpenYield updates quantity and/or price on the fill (or both legs) and sends FIX confirmations on the TR and DC sessions.
Step In	Bilateral only	One party wants to cancel, the other does not; OpenYield Operations, at its discretion, steps in — canceling the trade with the departing party and re-booking the remaining party against OpenYield.
Partial Cancel	Intermediated only	One party wants to cancel, the other does not; OpenYield Operations, at its discretion, cancels only that leg and accepts the position. The remaining party is unaffected.