Public holiday regulation in 2016 for CASCADE and Creation
Clearstream Banking1 would like to draw its customer’s attention to the public holiday regulation for the CASCADE and Creation systems applicable to Germany (national) or for certain regions (R) in 2016. The table below lists the regulation for individual public holidays, but does not include public holidays that fall on a weekend.
| Public holiday | CASCADE | Creation |
| Friday, 1 January 2016, New Year (national) | closed | closed |
| Wednesday, 6 January 2016, Epiphany (R) | open | open |
| Friday, 25 March 2016, Good Friday (national) | closed | open |
| Monday, 28 March 2016, Easter Monday (national) | closed | open |
| Thursday, 5 May 2016, Ascension Day (national) | open | open |
| Monday, 16 May 2016, Whit Monday (national) | open | open |
| Thursday, 26 May 2016, Corpus Christi (R) | open | open |
| Monday, 3 October 2016, German Reunification Day (national) | open | open |
| Wednesday, 16 November 2016, Day of Prayer and Repentance (R) | open | open |
| Monday, 26 December 2016, Christmas Day (national) | closed | open |
Counter opening hours at Clearstream Banking Frankfurt
On days that CASCADE is not open for business, the counters of Clearstream Banking Frankfurt will also remain closed.
In addition, counters will remain closed on 5 May (Ascension Day), 16 May (Whit Monday) and 26 May (Corpus Christi) and 3 October (German Reunification Day). However, CASCADE will remain operational on the above mentioned five dates.
Due to a regional public holiday on Tuesday, 9 February 2016, the counters will also be closed from 13:00.
Public holidays on which CASCADE is closed and Creation is open
Stock exchange trades in securities held in non-collective safe custody (foreign OTC stocks) are not settled on these days. Stock exchange trades are forwarded to Creation in CASCADE’s STD cycle on the evening of the public holiday with value date first business day after the public holiday. However, such stock exchange trades will be settled on the day after the public holiday and will be confirmed in the Settlement List or the Clearing & Settlement Statement after the SDS2 cycle.
Further information
For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.
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1. This Announcement is published by Clearstream Banking AG (CBF), registered office at Mergenthaleralle 61, 65760 Eschborn, Germany, registered with the Commercial Register of the District Court in Frankfurt am Main, Germany, under number HRB 7500.