Market claim internal rules harmonisation
Following Announcement A17170, Clearstream Banking1 informs customers, that effective
3 December 2018
the automatic compensation for internal transactions will no longer be available for the following markets as no market claims are applied on these markets.
a. Only applicable to ATHEXCSD eligible equities.
With the decommissioning of automatic compensation for internal transactions, the Clearstream Banking market claims rules will be harmonised with the market claims rules applied for domestic transactions in these markets.
Bridge transactions are not eligible for compensation in any market. In the Custody Market Claim report, market claims and reverse market claims for internal and Bridge transactions for the above mentioned markets will continue to be subject to detection as per CASG standards and therefore reported with the status “No compensation by Clearstream”.
For further information, customers may contact Clearstream Banking Customer Service 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 Clearstream Banking AG customers using Creation Accounts), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.