LuxCSD Investor-CSD link activation for the Baltics (Nasdaq CSD) and the Maltese market (MSE)
Note: This announcement, first published on 7 June 2019, has been updated to include the Market specifics for the activation of the LuxCSD link via CBF to the Baltics (Nasdaq CSD) and Malta (MSE) as an attachment.
As a next milestone in implementing our enhanced Investor-CSD solution, effective
2 December 2019
LuxCSD1 is pleased to announce the activation of its direct link to Clearstream Banking AG for the Baltics (Nasdaq CSD) and Malta (MSE) eligible securities for settlement in T2S.
The securities to be eligible for holding in LuxCSD are, but not limited to:
- Nasdaq CSD eligible securities:
- Commercial papers (money market)
- Government bonds
- Municipal bonds
- Corporate bonds
- Nasdaq-eligible investment funds
- MSE eligible securities:
- Government bonds
- Treasury bills
- Domestic corporate bonds
- Ordinary shares
- Convertible bonds
In order to help customers to prepare for the activation, a functional specifications document describing the market specific details concerning eligible assets, settlement, asset servicing and cash management for the Nasdaq and MSE eligible securities will be published prior to activation date. We ask customers to review this as the access to Nasdaq CSD and MSE eligible securities may require system changes, especially in the areas of asset servicing and connectivity.
We would like to remind customers that technical specifications related to SWIFT are available in the Xact via SWIFT User Guide, published on the LuxCSD website.
For further information, customers may contact LuxCSD Client Services or their Relationship Officer.
1. LuxCSD S.A. (LuxCSD), registered office at 42, Avenue J.F. Kennedy, L-1855 Luxembourg, registered with the Luxembourg Trade and Companies Register under number B-154.449.