Deposits and withdrawals of securities in December 2018
Due to an increase of the volume of deposits and withdrawals towards the end of the year, Clearstream Banking1 kindly asks customers to take note of the following overview, summarising the most important points necessary for carrying out instructions in due time.
Processing time
The minimum time for processing and throughput – in relation to the period between value date and delivery date – is set at two business days. This period between value date and delivery date applies also for deposits.
Equal treatment
The aim to treat all customers equally precludes a privileged delivery of individual "rush jobs".
High quantities
High quantities, which are still to be entered on former account, must be deposited with Clearstream Banking no later than 14 December 2018.
Physical deposit and delivery of certificates (all asset class)
Certificates may be submitted to Clearstream Banking until 21 December 2018 for approval in 2018. Deliveries will be processed accordingly. This applies to both manual and CASCADE orders.
eMISSION Services (formerly EDT)
In addition to Announcement D17064, dated 9 November 2017 the following posting dates and acceptance deadlines must be observed in order to ensure that global certificates submitted electronically are entered and posted on the requested value date:
Value date (settlement date) | Acceptance deadline for warrants/ certificates (structured products): | |||
| EDT Classic | eMISSION All-In (EDT Premium) | eMISSION Trades Only (EDT | eMISSION Security Box (EDT Security Box (Pre-admission)) |
13:00 (CET) | 13:00/ 15:00 (CET) | 10:00 (CET) | 13:00/ 15:00 (CET) | |
Acceptance deadline for bonds: | ||||
11:00/ 13:00 (CET) | 11:00/ 13:00 (CET) |
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| |
Monday, Thursday, | Friday, 21 December 2018 | |||
Monday, Wednesday, | Friday, 28 December 2018 | |||
EDT Lean
Value date | Acceptance deadline for: | ||
Bearer bonds, registered bonds, commercial paper, bearer securities certificates (for example, GDRs), profit participation certificates, (bearer) warrants, certificates (structured products): | Bearer shares | Registered shares, bearer (fund) units, registered (fund) units: | |
14:00 (CET) | 14:00 (CET) | 14:00 (CET) | |
Monday, Thursday, | Friday, | Thursday, | Wednesday, |
Monday, Wednesday, | Friday, | Thursday, | Friday, |
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1. This Announcement is published by Clearstream Banking AG, registered office at Mergenthalerallee 61, 65760 Eschborn, Germany, registered with the Commercial Register of the District Court in Frankfurt am Main, Germany, under number HRB 7500.