Via the Honest Broker function, you can enter DO instructions for trades that you want to complete using securities pledged to the pledgees.
Note- DTC will not allow any repurchase (repo) transactions (reason code 81) or due bill deliveries in the Honest Broker function.
You can also use the Honest Broker Function to
- Browse previously input DO transactions in the Honest Broker Control Account for transactions input on the same day.
- Cancel transactions in the queue. Canceling a transaction requires a reason for the cancel, and the item must be canceled on the same day that it was entered.