Clearstream Banking November Release 2017 - update

13.11.2017

The PDF attached below contains a summary of the changes related to the November 2017 Clearstream Banking Release, effective 20 November 2017.

Note: This announcement originally published on 30 June 2017, revised on 1 September 2017 and on 3 October 2017 has been further updated to:

  • amend the day of the February 2018 implementation in this document;
  • indicate that the ex-date will be reported in all MT564 messages and MT566 – Corporate Actions Confirmation for bonds that are traded in units;
  • further specify the types of instructions that are eligible for Clearstream transformation detection process;
  • remove the event CHAN - Issue Data Change/Reorganisation from the list of eligible events for the Clearstream transformation detection process;
  • further clarify the Clearstream scope of the cancellation of the underlying instruction subject to transformation;
  • describe the function of the new "Market Rules" button available in the Xact Web Portal;
  • announce that the Trade Date will be added to the MT536 – Statement of Transactions report XLS format;
  • correct the notification purpose of the business process ‘Market claim cancellations’ in the MT564 Claim and Reversal Advice subscription.

The changes within the attachment are marked with change bars.