Australia: New improved settlement deadlines
Clearstream Banking1 advises customers that, with effect from
Monday 8 February 2016
settlement deadlines for receipt and delivery against payment instructions on the Australian market will be improved for ASX-listed and CHESS-eligible securities.
The improved deadlines are part of Clearstream Banking’s ongoing commitment to enhance its settlement services.
Impact on customers
Clearstream Banking’s improved deadlines for against payment instructions for ASX-listed and CHESS-eligible securities on the Australian market will be as follows:
Central European Time (CET)
New deadline from
ASX-listed and CHESS-eligible securities
Receipt and delivery against payment
20:00 on SD-1
22:55 on SD-1
The Creation Link Guide - Australia and related documentation will be updated accordingly.
For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.
1.Clearstream Banking refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Banking AG (for CBF customers using CreationOnline), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.