Post Trade

After both sides are closed, OpenYield Operations may, under exceptional circumstances:

Action	Applies to	Description
Cancel	Bilateral or intermediated	Both parties agree; OpenYield cancels the fill (or both legs) and sends FIX confirmations.
Correct	Bilateral or intermediated	Both parties agree; OpenYield updates quantity and/or price on the fill (or both legs) and sends FIX confirmations.
Step In	Bilateral only	One party wants to cancel, the other does not; OpenYield Operations, at its discretion, steps in — canceling the departing party’s leg and updating the remaining party’s MPID to face OpenYield.
Partial Cancel	Intermediated only	One party wants to cancel, the other does not; OpenYield Operations, at its discretion, cancels only that leg and accepts the position. The remaining party is unaffected.