Settlement times - Australia

14.05.2018

The deadlines shown below are valid provided that the customer's instructions are complete, accurate and eligible for straight-through processing (STP) in CBL and in the local market. Customers must also ensure that any necessary provision is available. If any of these criteria are not met, CBL cannot guarantee timely settlement.

Important Note: As part of CBL’s internal compliance procedures, all incoming customer instructions will be automatically scanned before entering transaction processing.  Instructions that are internally flagged as requiring further manual investigation are set to status pending, with such status immediately reported to the Customer via their chosen media channel(s), until either being manually released for processing or rejected.  In order to ensure that instructions being investigated do not miss the applicable deadlines, Customers are advised to input instructions at least 15 minutes before the associated deadline.

Note: Australian securities can be listed on foreign exchanges (see Multi-Market securities service).

Settlement times in Central European Time (CET)

29 March 2020 - 4 April 2020 and 5 October 2020 - 24 October 2020

InstructionProvisioningDeadline for receipt of valid instructionExpected settlement results
startendfromtovalue
AP=Against payment FOP=Free of payment SD=Settlement date
ASX-listed and CHESS-eligible securities
ReceiptsFOP09:00
SD-1
08:55
SD
08:55
SD
00:00
SD
10:05
SD
 
AP16:00
SD-1
01:25
SD
01:25
SD
02:30
SD
10:05
SD
SD
DeliveriesFOP16:00
SD-1
08:55
SD
08:55
SD
00:00
SD
10:05
SD
 
AP16:00
SD-1
01:25
SD
01:25
SD
02:30
SD
10:05
SD
SD
Austraclear-eligible securities
ReceiptsFOP09:00
SD-1
08:55
SD
08:55
SD
00:00
SD
10:05
SD
 
AP16:00
SD-1
06:00
SD
06:00
SD
00:00
SD
08:00
SD
SD
DeliveriesFOP16:00
SD-1
08:55
SD
08:55
SD
00:00
SD-1
10:05
SD
 
AP16:00
SD-1
06:00
SD
06:00
SD
00:00
SD
08:00
SD
SD

25 October 2020 - 27 March 2021

InstructionProvisioningDeadline for receipt of valid instructionExpected settlement results
startendfromtovalue
AP=Against payment FOP=Free of payment SD=Settlement date
ASX-listed and CHESS-eligible securities
ReceiptsFOP08:00
SD-1
07:55
SD
07:55
SD
23:00
SD-1
09:05
SD
 
AP15:00
SD-1
00.25 SD00:25
SD
01:30
SD
09:05
SD
SD
DeliveriesFOP15:00
SD-1
07:55
SD
07:55
SD
23:00
SD-1
09:05
SD
 
AP15:00
SD-1
00:25
SD
00:25
SD
01:30
SD
09:05
SD
SD
Austraclear-eligible securities
ReceiptsFOP08:00
SD-1
07:55
SD
07:55
SD
23:00
SD-1
09:05
SD
 
AP15:00
SD-1
05:00
SD
05:00
SD
23:00
SD-1
07:00
SD
SD
DeliveriesFOP15:00
SD-1
07:55
SD
07:55
SD
23:00
SD-1
09:05
SD
 
AP15:00
SD-1
05:00
SD
05:00
SD
23:00
SD-1
07:00
SD
SD

5 April 2020 - 4 October 2020

InstructionProvisioningDeadline for receipt of valid instructionExpected settlement results
startendfromtovalue
AP=Against payment FOP=Free of payment SD=Settlement date
ASX-listed and CHESS-eligible securities
ReceiptsFOP10:00
SD-1
09:55
SD
09:55
SD
01:00
SD
11:05
SD
 
AP17:00
SD-1
02:25
SD
02:25
SD
03:30
SD
11:05
SD
SD
DeliveriesFOP17:00
SD-1
09:55
SD
09:55
SD
01:00
SD
11:05
SD
 
AP17:00
SD-1
02:25
SD
02:25
SD
03:30
SD
11:05
SD
SD
Austraclear-eligible securities
ReceiptsFOP10:00
SD-1
09:55
SD
09:55
SD
01:00
SD
11:05
SD
 
AP17:00
SD-1
07:00
SD
07:00
SD
01:00
SD
09:00
SD
SD
DeliveriesFOP17:00
SD-1
09:55
SD
09:55
SD
01:00
SD
11:05
SD
 
AP17:00
SD-1
07:00
SD
07:00
SD
01:00
SD
09:00
SD
SD

Settlement times in Australian Eastern Time (AET)

All year

N.B.: Specific deadlines apply to transactions requiring physical settlement or settlement in a registrar’s books: 04:30 SD (equities and equity products), 13:00 SD (debt securities).

InstructionProvisioningDeadline for receipt of valid instructionExpected settlement results
startendfromtovalue
AP=Against payment FOP=Free of payment SD=Settlement date
ASX-listed and CHESS-eligible securities
ReceiptsFOP18:00
SD-1
17:55
SD
17:55
SD
09:00
SD
19:05
SD
 
AP01:00
SD
10:25
SD
10:25
SD
11:30
SD
19:05
SD
SD
DeliveriesFOP01:00
SD
17:55
SD
17:55
SD
09:00
SD
19:05
SD
 
AP01:00
SD
10:25
SD
10:25
SD
11:30
SD
19:05
SD
SD
Austraclear-eligible securities
ReceiptsFOP18:00
SD-1
17:55
SD
17:55
SD
09:00
SD
19:05
SD
 
AP01:00
SD
15:00
SD
15:00
SD
09:00
SD
17:00
SD
SD
DeliveriesFOP01:00
SD
17:55
SD
17:55
SD
09:00
SD
19:05
SD
 
AP01:00
SD
15:00
SD
15:00
SD
09:00
SD
17:00
SD
SD