Creation Link Guide - UK equities, corporate bonds and investment trusts

16.09.2016

Key features

Yes/NoRemarks
Settlement free of paymentYes
Settlement against paymentYesEligible settlement currencies: British Pound (GBP), Euro (EUR) and U.S. Dollar (USD).
Bridge settlementNo
Shaping facilityNo
Partial settlementYesSee Settlement services.
Settlement penalty feesYesSee Settlement services.
Pre-matchingYes
Back-to-back processingYesBook-entry equities only.
AllegementsNo
Automatic compensationYes
Registered securitiesYes
Multi Market SecuritiesYes
Lending and borrowingNo
Proxy votingYes
Investment FundsYesCREST eligible closed-end funds.
Liquidity Hub ConnectNo
Sale and purchase of rightsYes
Repo servicesYes
Market restrictionsNo
FTTNo
FATCA GIINYesNXUTG8.00000.BR.826
MiscellaneousYesSettlement of physical securities.
Type of linkCSD or settlement method
Indirect link via Citibank, N.A. London.Euroclear UK & Ireland Ltd London (EUI), operating the CREST electronic book-entry settlement system.