This Notice is being issued to provide Participants with further information on the DvP Settlement service extended to support the Placement by Tietto Minerals Limited.
ISIN: |
AU0000044737 |
---|---|
29 April 2019: |
Deadline for all parties to transmit Dual Entry Settlement Instructions to effect CHESS DVP Settlement between the two parties[1] |
30 April 2019: |
Settlement Date |
01 May 2019: |
TIEXX holdings to be transformed to TIE by Automic Registry Services |
Settlement Agent: |
Hartleys Limited (PID 06086) |
Contact: |
Donna Beaton |
Phone: |
(08) 9268 2803 |
Fax: |
(08) 9268 2800 |
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.
The CHESS tariffs for processing individual transactions will not apply to Participants in the processing of TIEXX 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.
Sherly Tatang, Post Trade Operations
Sherly Tatang