CFF: Fidelity institutional liquidity funds implement hold and release process on orders
Clearstream Banking1 informs customers that effective
20 June 2022
fidelity institutional liquidity funds orders received after the Clearstream Banking cut-off by the transfer agent JP Morgan Bank Ireland will be placed for the next available trade date.
Please refer to attached spreadsheet
20 June 2022
Fund Issuance Account (FIA):
Timeline for process adaptations
JP Morgan Bank Ireland have informed Clearstream Banking that they implement a hold and release application. All orders received after the Clearstream Banking cut-off will now be held and released for the next available trade date. The orders will only be acknowledged once placed for the relevant trade date.
For further information, please contact as appropriate:
For more general information regarding Clearstream Banking products and services, customers may contact 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.
2. Customers can use the Fund Market Account of CFF (“FMA01”) as counterparty account in their settlement instructions.