LuxCSD Investor - CSD link activation for Italian market

29.03.2018

Following Announcement L17101 about the launch of the Investor-CSD solution in 2017-2018, LuxCSD informs customers that the Investor-CSD link to the Italian market via Clearstream Banking Frankfurt was activated on

26 March 2018

The access to Monte Titoli issued securities may require system changes, especially in the areas of asset servicing and connectivity. 

A Functional specifications document describing the market specific details concerning eligible assets, settlement, asset servicing and cash management for the Italian securities is attached below.

We would like to remind customers that technical specifications related to SWIFT are available in the Xact via Swift User Guide , available on the LuxCSD website.

The activation of the Investor-CSD link will not automatically trigger a migration of the customer positions if they are currently held on Clearstream Banking accounts. Customers can transfer their positions to their LuxCSD 48xxx accounts when needed.

Further information

For further information, customers may contact LuxCSD Client Services or their Relationship Officer.