OneClearstream migration to the Baltics (NASDAQ CSD - Estonia, Latvia, Lithuania) and Malta (MSE)
As communicated in Clearstream Banking's1 Announcement A17129, Clearstream Banking S.A. (CBL) has appointed Clearstream Banking AG (CBF) as its single gateway to the T2S Settlement platform. This leads to the migration of NASDAQ CSD (Estonia, Latvia, Lithuania) T2S-eligible securities to CBF on and effective
2 December 2019
This forms part of our ongoing efforts to harmonise and enhance our services allowing customers to benefit across multiple areas of our business.
Clearstream Banking will access NASDAQ CSD for settlement in T2S via CBF as follows:
Country | CSD | Type of link | Securities eligible |
Baltics (Estonia, Latvia, Lithuania) | NASDAQ CSD | Direct link to Clearstream Banking AG, Frankfurt for holding NASDAQ CSD eligible securities | Commercial papers (money market); Government bonds; Municipal bonds; Corporate bonds; Equities; NASDAQ-eligible investment funds |
For Maltese securities, CBL already uses CBF as gateway to T2S, but needs to process a depository change from the existing depository (Germany, 4G) to the new OneClearstream Malta depository (4M) on migration date Friday 30 November 2019 with effective date 2 December 2019. This is required to activate the OneClearstream services for the Maltese market.
Country | CSD | Type of link | Securities eligible |
Malta | Malta Stock Exchange (MSE) | Direct link to Clearstream Banking AG, Frankfurt for holding MSE T2S eligible securities |
|
Further information
The Market Link Guides and Realignment Guides for the Estonia, Latvia, Lithuania and Malta, with validity from 2 December 2019 will be available on the Clearstream Banking website in due course.
For further information, customers may contact Clearstream Banking Client Services or their Relationship Officer.