Creation Link Guide - Netherlands

16.05.2017

Key features

Yes/NoRemarks
Settlement in T2SYes
Settlement free of paymentYes
Settlement against paymentYesEligible settlement currency: Euro (EUR)
Bridge settlementYes
Partial settlementNo
Settlement penalty feesNo
Hold and releaseYesHold and release service
AllegementsYes
Transaction linkingYes
Automatic compensationYes
Registered securitiesNo
Transaction managementYes
Multi-Market securitiesYesLimited to transfers to and from T2S Out CSDs
Lending and borrowingYesDebt securities only
Proxy votingYes
Investment FundsYesCSD-eligible investment funds only
Liquidity Hub ConnectYes
Sale and purchase of rightsYes
Repo servicesNo
Market restrictionsNo
FTTNo
FACTCA GIINYes1G159I.00207.ME.250
MiscellaneousNo
Type of linkCSD or settlement method
Direct link to Euroclear Nederland (ENL)operated by BP2S ParisFor all ENL-eligible securities