Features of CMTA Direct for Customers:
Within the CMTA billing process the Customer is a key part of the dispute resolution process. The Customers ability to resolve any disputes is dependent on their Prime Broker/Clearing Firm reconciling the Executing Brokers invoice and creating the notifications. In some cases the trade(s) in question might have taken place days, weeks or even a month earlier making the research process quite cumbersome and time consuming. MiddleLink CMTA Direct customer portal provides access to billing discrepancies on T+2 and monthly invoices the same day they are generated.
- Daily reconciliation process identifies billing discrepancies on T+2
- Optional ability to resolve discrepancies
- Track commissions by Executing Broker/Prime Broker intra month
- Access to monthly invoices on their generation date