Israel: Cash to be credited value SD for equities

04.05.2012

Israel: Cash to be credited value SD for equities

Effective

7 May 2012

and in line with market changes, LuxCSD customers will receive the credit proceeds from a delivery against payment trade in equities, on settlement date (SD) instead of settlement date +1 (SD+1). This means that the settlement of both securities and cash will occur on SD.

Further information

For further specific information, please contact Clearstream Banking Customer Service or your Relationship Officer.
For more general information regarding our products and services, please visit http://www.clearstream.com/.