Key Performance Measures

• Order Entry Rate
  Trades entered on T, T+1, T+2, etc., as a percent of total trades for the period
  
• Affirmation Rate
  Trades confirmed on T, T+1, T+2, etc., as a percent of total trades confirmed for the period
  
• Failed Trade Rate
  Number of failed trades as a percent of all trades
  
• Order Confirmation Rate
  See affirmation rate
  
• Trade Repair Rate
  Number of trades requiring modification in order to be completed as a percent of total trades
  
• STP Rate
  Number of trades processed without intervention as a percent of total trades
  
• Exception Processing Rate
  Same as trade repair rate?
  
• Participant Matching Rate
  For a specific reporting period, percent of participant trades confirmed on CDSX on T, T+1, T+2, etc.
  
• ITM Transitional Matching Targets
  Required participant matching rate specified in NI 24-101 for determining whether a participant must prepare and file exception reports for the regulator