Participant
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AMO
Notice
This Notice is being issued to provide Participants with further information on the DvP Settlement service extended to support the Retail Entitlement Shortfall Offer by Australian Pipeline Trust.
What do I need to do by when?
Please note that the registry has been amended
Bid Details:
ISIN: |
AU0000001901 |
|---|---|
21 March 2018: |
Deadline for all parties to transmit Dual Entry Settlement Instructions to effect CHESS DVP Settlement between the two parties[1] |
22 March 2018: |
Settlement Date |
23 March 2018: |
APAWW holdings to be transformed to APA by Link Market Services Limited |
Settlement Agent: |
J.P. Morgan Securities Australia Limited (PID 02972) |
Contact: |
Beverley Faux |
Phone: |
(02) 9003 7323 |
Fax: |
(02) 9003 8183 |
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 APAWW 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
Anjita Sharma, Post Trade Operations
Contact information
Anjita Sharma
1800 623 571
pmf@asx.com.au