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AMO
Notice
UPDATE - DATES UPDATED
This Notice is being issued to provide Participants with further information on the DvP Settlement service extended to support the Tranche 1 Placement by IDT Australia Limited.
What do I need to do by when?
Bid Details:
ISIN: |
AU0000281818 |
|---|---|
08 June 2023: |
Deadline for all parties to transmit Dual Entry Settlement Instructions to effect CHESS DVP Settlement between the two parties[1] |
09 June 2023: |
Settlement Date |
13 June 2023: |
IDTXX holdings to be transformed to IDT by Link Market Services Limited |
Settlement Agent: |
Finclear Services Pty Ltd (PID 01792) |
Contact: |
Ante Pervan |
Phone: |
(02) 8999 4027 |
Email: |
[1] An existing market convention states that transactions should be matched before 4 pm on S-1. Unmatched transactions after this time may be matched up until 11.30 am on S without prior agreement with the counterparty. Any transactions remaining should only be matched in the last hour with agreement with the counterparty.
† The CHESS Subregister will close at 7.00pm.
CHESS Charges
The CHESS tariffs for processing individual transactions will not apply to Participants in the processing of IDTXX where the Transaction Basis “I” (IPO) is used in CHESS messages.
Participants should be aware that transactions do not receive the benefit of central counterparty backing. Therefore, if there were a default the non-defaulting party would not be able to look to ASX Clear for completion of the transaction.
Need more information?
Issued by
Janette Torres, Equity Operations
Contact information
Equity Operations
1800 814 051
pmf@asx.com.au