U.S.A.: Hurricane Sandy's impact on business activity : update III
Reference
Further to our Marketflash M12055 of yesterday, 30 October 2012, and according to the latest information received, operating conditions are expected to return to normal today Wednesday, as follows:
- For securities trading:
Normal trading at the NYSE exchange, Nasdaq and other Nasdaq-owned entities. - For securities settlement:
Normal settlement activities at the FED.
DTCC is expected to maintain its normal activities today Wednesday, with the exception of all certificate-based services. Given the impacts to lower Manhattan and the inaccessibility of DTCC's headquarters, deposits, withdrawals, envelope and New York Window services continue to be suspended until further notice.
It is expected that U.S. physical securities may still not be processed as normal today Wednesday by our U.S. depository Citibank. - For asset services:
For certain securities, the Ex-dates were modified from 30 October to 31 October 2012.
Appropriate notifications have been sent to all concerned customers.
Cash activities were not impacted over the last two days and will continue today Wednesday as normal.
Note: Our New York Office remains closed today Wednesday and lines are still routed to our offices in Luxembourg and London for the time being. Customers who cannot reach their New York Customer Service Officer via the usual telephone number should use one of the following numbers:
| Luxembourg Office: | +352 243 38082 | |
| London Office: | +44 207 862 7040 |
Requests normally sent to our New York Office should be forwarded to our Luxembourg Office (cslux@clearstream.com).
We continue to monitor the situation closely and will inform you of any update when available. As tomorrow 1 November 2012 is a holiday in Luxembourg, any information update will be provided by a CreationOnline banner only.
| This Marketflash is intended to provide customers with general information gathered from different sources that are generally believed to be reliable. Clearstream Banking S.A. does not guarantee the accuracy or completeness of the information and does not undertake to keep it up to date. Use of the information made available in this Marketflash is at the customer’s own risk and Clearstream Banking S.A., its subsidiaries and affiliates expressly disclaim any liability for any errors or omissions reflected herein. The information in this Marketflash does not constitute legal or tax advice. |