Israel: Cash to be credited value SD for equities
7 May 2012
and in line with market changes, Clearstream Banking customers will receive the credit proceeds from a delivery against payment trade in equities, on settlement date (SD) instead of settlement date +1 (SD+1). This means that the settlement of both securities and cash will occur on SD.
For further specific information, please contact Clearstream Banking Customer Service or your Relationship Officer.
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