Regulatory Capital Compliance Solutions
Risk based Haircut Methodolgy
The Appendix A application calculates capital charges (haircuts) on qualified stock baskets, stocks, options, futures, and options on futures using the OCC Profit & Loss Values File. NET CAPITAL REQUIREMENTS – SEA Rule 15c3-1
Debt Securities Haircut
The Debt Securities application calculates capital charges (haircuts) for United States Government bonds, U.S. Agency bonds, Municipal bonds, Investment Grade Corporate bonds, High Yield Corporate bonds, and Preferred Stock. The application attempts to minimize charges by hedging debt securities according to SEA Rule 15c3-1(c)(2)(vi)(A)(3) and SEA Rule 15c3-1(c)(2)(vi)(F)(2).
Repurchase Agreement Deductions
The application calculates Deficits, Excesses, and Deductions (Deductions From Net Worth) for Repurchase Agreements and Reverse Repurchase Agreements. The application also calculates additional capital requirements for reverse repurchase agreements under SEA Rule 15c3-1(a)(9)(iii).
Customer Portfolio Margin Methodology
The Portfolio Margin application calculates customer account margin requirements for stocks, options, and qualified stock baskets. CUSTOMER MARGIN REQUIREMENTS – FINRA Rule 4210
APEX Regulatory Capital
NET Capital Calculations are a mission critical function. The Apex mission is to become the obvious technology solution for every FINOP, CFO, Regulator and Auditor within the industry.
Charles Greiner III
When the legendary Len Bole retired in 2013, his position was first offered to Charlie. Having worked with Len for eleven years, Charlie has a comprehensive understanding of SEA Rule 15c3-1 and Regulatory Capital Requirements.
In addition, Charlie was previously the Managing Partner of a High Frequency Trading firm where he successfully oversaw trading and risk, as well as a five person team developing high performance, high throughput trading applications.
Bachelor of Arts (B.A.), Economics – San Diego State University