Operational Information

Transaction Management Rules - Australia

Market Coverage | Australia

Reference

Service level
CBL | 6-series account | CEU OneClearstream
Last Updated
11.12.2025

Market claims 

Overview

CBL 

Internal 

(CBL-CBL) 

Cross-CSD 

(CBL-CEU) 

Domestic 

(CBL-domestic counterparty) 

Bridge 

(CBL-EB) 

Detection 

Yes

Yes

Yes

Yes

Processing  

Yes

Yes

Yes

No

CEU  

Internal

(CEU-CEU)  

Cross-CSD 

(CEU – CBL) 

Domestic 

(CEU-domestic counterparty) 

Bridge 

(CEU-EB) 

T2S Cross-CSD 

(CEU – T2S counterparty) 

Detection 

Yes 

Yes 

Yes 

Yes 

n/a 

Processing 

Yes a

Yes a

Yes a

No 

n/a 

a. Market claims and reverse market claims in non-T2S eligible currencies and securities are processed on the corresponding CBL account of the CEU clients. 

Detection

Detection period  

20 business days after the record date 

Eligible assets 

Equities only

Eligible corporate action events  

All distribution events

Eligible transactions for detection  

 All as of status matched 

Detection key dates  

Securities in units  

  • Trade date  
  • Ex-date  
  • Record date  
  • Effective/actual settlement date  

Processing 

Eligible transactions for processing 

As of status settled 

Opt-out/Ex/Cum indicator

Opt-out: not supported 

Ex/Cum: supported as additional matching field 

Characteristics of generated market claim instructions 

Internal and Cross-CSD:

  • Transaction code “CLAI” 
  • Status unmatched  
  • Same trade date as per underlying instruction 
  • Settlement date being the payment date of the underlying event 
  • Partial settlement indicator as per underlying instruction (always NPAR for claims in cash) 
  • On-hold/release status as per underlying instruction at the time the market claim instruction is created 

External: 

  • Cash and securities proceeds are compensated upon receipt of confirmation from the local agent. 

Market specifics 

For the transactions between Clearstream clients, the market claims are generated for the equities only.  

For the domestic transactions with the counterparty in the local market, the market claims will be generated for the following listed assets: listed ordinary shares, Hybrid notes and Units (ETF).

Tax basis for compensation 

Net

Transformations 

Overview

CBL

Internal 

(CBL-CBL)

Cross-CSD 

(CBL-CEU)

Domestic 

(CBL-domestic counterparty)

Bridge 

(CBL-EB)

Detection 

Yes 

Yes 

Yes 

Yes 

Cancellation   

Yes 

Yes 

Yes 

Yes 

Re-instruction 

No 

No 

No 

No 

CEU

Internal

(CEU-CEU) 

Cross-CSD 

(CEU – CBL)

Domestic 

(CEU-domestic counterparty)

Bridge 

(CEU-EB)

T2S Cross-CSD 

(CEU – T2S counterparty)

Detection 

Yes 

Yes 

Yes 

Yes 

n/a 

Cancellation   

Yes 

Yes 

Yes 

Yes 

n/a 

Re-instruction 

No 

No 

No 

No 

n/a

Detection and cancellation 

Detection period 

20 business days after the record date

Eligible assets 

All 

Eligible corporate action events 

All reorganisation events

Eligible transactions for detection/cancellation 

All as of status matched

Detection key dates 

Record date

Processing 

Eligible transactions for processing 

None - Detected and cancelled

Opt-out indicator 

Not supported

Market specifics 

None 

Buyer protection 

Not available. 


Additional information on processing and reporting is available in the CBL Client Handbook and OneClearstream Client Handbook.