Announcement

Unified for New Opportunities: Wave 1 market activation for Norway and Australia

Settlement | Asset Services | Connectivity | Australia | Norway

Reference

Code
D25039
Service level
6-series account | CEU OneClearstream | CEU Legacy
Last Updated
08.10.2025

As part of the Unified for New Opportunities initiative, Clearstream Europe AG1 is pleased to confirm the upcoming Wave 1 market activation for Norway and Australia. This is scheduled for

Friday, 12 December 2025

To support client preparation, a list of ISINs in scope will be published in Excel format under Unified for New Opportunities rollout documentation. Three versions of the list will be made available:

  • First version: Four weeks prior to activation;
  • Second version: Two weeks prior to activation;
  • Final version: Thursday, 11 December 2025.

The scope includes all ISINs that are eligible on German stock exchanges, as well as those with client activity on 6-series accounts, defined as either current holdings or settlement activity within the past 12 months.

On Thursday, 11 December 2025, after the change of day, static data will be updated, in coordination with WM. This includes:

  • Updating the custody type of in-scope securities to NCSC-T;
  • Activating OneClearstream Asset Services (OneCAS);
  • Enabling the two new T2S CSD links.

As a result, Friday, 12 December 2025 will be the first business day under the new model. From that point forward, securities will be eligible for settlement in T2S. Updates on key milestones will be communicated throughout the activation process, and a final notification will be sent once activation is confirmed.

6-series accounts will remain open until the final migration and account closure in Q1 2027. In the interim, they will continue to be used for activities related to CEU accounts, such as non-EUR settlement, and payment of proceeds from non-T2S eligible asset servicing.

From a settlement perspective:

  • Stock exchange trades concluded before Friday will settle in 6-series accounts.
  • Stock exchange trades concluded from Friday onwards will settle in CEU accounts (in a T+2 environment, trades concluded on Friday will settle in CEU on Tuesday). Impacted clients will need to move securities to their CEU account to support their activities.
  • OTC trades on securities in scope can be conducted from CEU accounts or 6-series accounts after the activation.
  • No cancellation or re-instruction is required.

Additional resources are available to support clients’ transition. Unified for New Opportunities rollout documentation, including a Summary Session, are published under Unified for New Opportunities.

For further information or questions, please contact UNO@clearstream.com.

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1. This Announcement is published by Clearstream Europe AG (CEU), registered office at Mergenthalerallee 61, 65760 Eschborn, Germany, registered with the Commercial Register of the District Court in Frankfurt am Main, Germany, under number HRB 7500.