Creation Link Guide - Estonia

18.09.2017

Key features

Yes/No

Remarks

Settlement in T2S

Yes

Settlement free of payment

Yes

 

Settlement against payment

Yes

Eligible settlement currency: Euro (EUR).

Settlement penalty fees

Yes

Buy-ins occur in extraordinary cases.

A buy-in of securities will be initiated if the stock exchange member firm, which is a seller according to the trade data of the exchange transaction, does not have sufficient securities to fulfill the transaction.

Partial settlement

No

 

Bridge settlement

No

 

Hold and Release

Yes

Allegements

Yes

 

Transaction Linking

Yes

Bilateral Cancellation

Yes

Registered securities

No

Transaction Management

Yes

 

Multi Market Securities

No

 

Lending and borrowing

Yes

Debt securities only

Proxy voting

Yes

 

Investment Funds

Yes

CSD-eligible investment funds only.

Liquidity Hub Connect

No

 

Sale and purchase of rights

Yes

Repo services

Yes

 

Market restrictions

Yes

FTT

No

 

FATCA GIIN

Yes

AS SEB Pank GIIN:  6BRL9A.00035.ME.233

Miscellaneous

No

 

Type of linkCSD or settlement method
Indirect link via AS SEB Pank, Tallinn.NASDAQ CSD