U.S.A.: Eligibility criteria tightened for U.S. securities - reminder


Clearstream Banking1 would like to remind customers that the eligibility criteria for the admission of U.S. equities has been tightened.

As a consequence, the acceptance in Clearstream Banking of the following categories of instrument may in particular be impacted:

  • Equities in physical form that are not DTC-eligible;
  • Equities in physical form that are DTC-eligible but that are subject to a chill and temporarily cannot be dematerialised at receipt;
  • Securities referred to as "restricted securities".

Customers are reminded that no physical certificate should be sent for credit to Clearstream Banking’s account at Citibank if the security is not eligible in Clearstream Banking.

Customers that want to deliver physical certificates for credit to their Clearstream Banking account should therefore ensure, before sending the corresponding certificates to Citibank, that the concerned ISIN is accepted in Clearstream Banking.

Customers are also reminded that no service is offered on the U.S. market (including Securities Payment Orders - SPOs) in relation to securities that are not specifically accepted at Clearstream Banking’s U.S. depository.

Further information

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

1. Clearstream Banking refers to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Register of Commerce and Companies under number B-9248.