Asset servicing - Bridge
Transaction Management
Market claims and reverse market claims on Bridge transactions
All settlement instruction types, whether free of or against payment, will be subject to market claims and reverse market claims detection.
For Bridge instructions Clearstream will perform detection on the basis of STCO and TTCO values mentioned in the customer instruction.
Only matched trades will be eligible for market claims and reverse market claims detection.
Detection | Yes |
Compensation | No |
Transformations on Bridge transactions
Transformations can occur for income and corporate action reorganisation events with or without options.
Detection | Yes |
Cancellation | Yes |
Re-instruction | No |