Public holiday regulation in 2015 for CASCADE and Creation

13.10.2014

Clearstream Banking1 would like to draw its customer’s attention to the public holiday regulation for the CASCADE and Creation systems applicable to the whole of Germany (national) or for certain regions (R) in 2015. The table below lists the regulation for individual public holidays, but does not include public holidays that fall on a weekend.

Public holidayCASCADE Creation
Thursday, 1 January 2015, New Year (national)closedclosed
Tuesday, 6 January 2014,  Epiphany (R)              openopen
Friday, 3 April 2015, Good Friday (national)closedopen
Monday, 6 April 2015, Easter Monday (national)closedopen
Friday, 1 May 2015, May Holiday (national)closedopen
Thursday, 14 May 2015, Ascension Day (national)openopen
Monday, 25 May 2015, Whit Monday (national)openopen
Thursday, 4 June 2015, Corpus Christi (R)openopen
Wednesday, 18 November 2015, Day of Prayer and Repentance (R)openopen
Thursday, 24 December 2015, Christmas Eve (national)openopen
Friday, 25 December 2015, Christmas Day (national)closedclosed
Thursday, 31 December 2015, New Year’s Eve (national)openopen
Friday, 1 January 2016, New Year (national)closedclosed

Counter opening hours at Clearstream Banking Frankfurt

On days that CASCADE is not open for business, the counters of Clearstream Banking Frankfurt will also remain closed.

In addition, counters will remain closed on 14 May (Ascension Day), 25 May (Whit Monday), 4 June (Corpus Christi), 24 December (Christmas Eve) and 31 December (New Year’s Eve). However, CASCADE will remain operational on the above mentioned five dates.

Due to a regional public holiday on Tuesday, 17 February 2015, the counters will also be closed from 13:00.

Public holidays on which CASCADE is closed and Creation is open

Stock Exchange trades in securities held in non-collective safe custody (foreign OTC stocks) are not settled on these days. Stock Exchange trades are forwarded to Creation in CASCADE’s STD cycle on the evening of the public holiday with value date first business day after the public holiday. However, such stock exchange trades will be settled on the day after the public holiday and will be confirmed in the Settlement List or the Clearing & Settlement Statement after the SDS2 cycle.

Further information

For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.

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1. This Announcement is published by Clearstream Banking AG (CBF), registered office at Mergenthaleralle 61, 65760 Eschborn, Germany, registered with the Commercial Register of the District Court in Frankfurt am Main, Germany, under number HRB 7500.