Electronic Processing Agreement (EPA)

The Electronic Processing Agreement (EPA) establishes mutual agreements between fund manufacturers and distributors to eliminate paperwork from EPA eligible client name transactions. The EPA also provides a framework for standardizing individual distributor agreements and creating new electronic standards for automation.

Distributor Participation Requirements

• Registration with IIROC or with the MFDA as a level 3 or 4 dealer
• Full N$M participation
• Ability to place/receive electronic trades and receive responses through FundSERV
• Maintain a minimum standard of 95% “in good order” transactions as per the Standard Sampling Protocol process
• Support electronic trading of the list of Eligible Transaction Types for the EPA initiative

Participants

Documents

• Eligible Transactions
• Standard Sampling Protocol
• Master Electronic Processing Agreement

To get more information about the EPA email customer.relations@fundserv.com.