Entitlement Compensation Rules - Thailand
Bonds
| Market compensation basis: | Trade Date rule |
| Automatic Compensation Managed by Local CSD: | No |
| Restriction on custody events/transaction types: | No restriction |
Additional information: Debt securities are due to settle cum-entitlement if settlement is scheduled to occur at the latest on the Record Date. For settlement to occur one day before the Record Date, the trade must be executed at the latest one day before the Ex-Date, that is, on the Record Date -2 business days (the Ex-Date being defined in this case as the Record Date -1 business day). In the case of physical receipts of registered securities, CBL’s depository can only claim compensation if the physical certificates have been re-registered in the name of Clearstream Nominees. Where re-registration is not possible (registrar no longer exists; delisted securities; defunct companies etc.), no entitlement compensation will occur. | |
| Service offered by CBL: | Adjustment is performed based on information received from the depository. |
Equities
| Market compensation basis: | Trade Date rule |
| Automatic Compensation Managed by Local CSD: | No |
| Restriction on custody events/transaction types: | No restriction |
Additional information: Equities are due to settle cum-entitlement if settlement is scheduled to occur at the latest on the Record Date. For settlement to occur one day before the Record Date, the trade must be executed at the latest one day before the Ex-Date, that is, on the Record Date -2 business days (the Ex-Date being defined in this case as the Record Date -1 business day). In the case of physical receipts of registered securities, CBL’s depository can only claim compensation if the physical certificates have been re-registered in the name of Clearstream Nominees. Where re-registration is not possible (registrar no longer exists; delisted securities; defunct companies etc.), no entitlement compensation will occur. | |
| Service offered by CBL: | Adjustment is performed based on information received from the depository. |