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What is shuts?
Shuts stands for Single House Unit Trade System. It is a reporting system used in some financial markets to report trades made with a single counterpart.
Who is required to file shuts?
Market participants who engage in trades with a single counterpart are required to file shuts.
How to fill out shuts?
Shuts can be filled out electronically through the designated platform provided by the financial market regulators.
What is the purpose of shuts?
The purpose of shuts is to provide transparency and oversight in financial markets by reporting trades made with a single counterpart.
What information must be reported on shuts?
Information such as trade details, counterpart information, and trade execution time must be reported on shuts.
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