Argentina: Strike called for 12 and 13 November 2014

11.11.2014

The Banking Union, “La Bancaria” in Argentina has called for a strike on Wednesday 12 and Thursday 13 November 2014.

Citi, as Clearstream’s custodian bank, is monitoring the situation and will advise whether market participants such as the Central Bank of Argentina, Caja de Valores as Central Depository and the Argentine Stock Exchange will join in this strike, and of the possible impact on settlement and cash operations. 

Customers are advised to take into consideration the possibility of disruption and delays in the settlement and cash processes.  

We continue to monitor the situation and will provide further information as it becomes available.

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.