Using Turquoise´s   MPS Desk,   Members can report pre-arranged trades in standardised series (also available electronically) as well as trades in non-standard series through the "Tailor Made service".

The Tailor Made service allows reporting of pre-arranged trades in hidden series with flexible parameters.

Members must report the following:

• Underlying
• Instrument
• Counterparty firm (unless performing a two-sided/ cross trade)
• Trader name at counterparty firm (used for confirmation purposes and must be a Turquoise "Approved Trade")

In addition, members will also need to report the following flexible parameters

• Price/ Premium (configurable to more decimal places, product dependent)
• Expiration (configurable to exact day)
• Option exercise style (European or American style, product dependent)