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Deposit Timelines

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  • Deposit Timelines

    Mark, does SFX have any rules as to how close to check in you can deposit your week and does it have any affect on trading power? For example, lets say I have a July 2007 week that is acceptable to SFX. Can I deposit it in May or June 2007 and still get full trading power for an exchange I may want. Thanks.

  • #2
    Originally posted by tim View Post
    Mark, does SFX have any rules as to how close to check in you can deposit your week and does it have any affect on trading power? For example, lets say I have a July 2007 week that is acceptable to SFX. Can I deposit it in May or June 2007 and still get full trading power for an exchange I may want. Thanks.
    Tim - thank you for your post. Deposits must be received at least 6 weeks ahead of the check-in date of the week you wish to deposit. From time to time we may accept a week that starts with less than 6 weeks lead-time, depending on demand for the space.

    Part of your trading power value is predicated on how far in advance of the check-in date of your week, you deposit with SFX. The further ahead you deposit, the higher your trading power. The idea is to reward Members that deposit early rather than late. In the example you give, there would not be full trading power. It wouldn't be fair to other Members who deposited let's say 9-12 months in advance, to give them the same trading power as someone who deposited 1-2 months in advance. That doesn't mean to say your trading power would be bad, it just wouldn't be at it's highest value.

    Hope this helps...
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    • #3
      Thanks Mark. I see that Prime Demand time for Southern California runs through 9/30. Can you tell me if I deposit a week that starts on 9/30 if that would qualify as Prime Demand time. Thanks.

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