The exchange of information between the funds segment and the management company is given effect using the single format and the SFTP communication mode.
The management company must carry out the following functions:
Validate the subscription, redemption and transfer positions processed through the segment.
Notify the net asset value of the fund and, for redemption orders, the net amount (after any applicable tax withholdings and subscription or redemption fees).
Specify the cutoff times for each admitted fund.
Issue or redeem units as applicable, based on validated subscriptions and redemptions.
To obtain the technical documentation, please write to BME at: email@example.com