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Notice
information on the DvP Settlement service extended to support the Broker Firm Offer and Institutional Bookbuild by PEXA Group.
What do I need to do by when?
Bid Details:
ISIN: |
AU0000158966 |
|---|---|
30 June 2021: |
Deadline for all parties to transmit Dual Entry Settlement Instructions to effect CHESS DVP Settlement between the two parties[1] |
01 July 2021: |
Settlement Date |
02 July 2021: |
PXAXX holdings to be transformed to PXA by Link Market Services Limited |
Settlement Agent: |
Macquarie Bank Limited (PID 01572) |
Contact: |
Merrilyn Auton |
Phone: |
(02) 8232 9214 |
Fax: |
(02) 8232 4345 |
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 PXAXX 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
Vinh Tran, Equity Operations
Contact information
Equity Operations
1800 814 051
pmf@asx.com.au