Clearstream Banking November Release 2017 - update
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.