Notice

Fail Fees – Scheduled Settlement CHESS to CHESS Transfer Request (MT107-01) message

What's this about:
  • ASX Market
  • Clearing
  • Settlement
  • Operations
  • Other
  • Equities
  • Exchange Traded Products (ETP) & mFund
  • Fail fees
  • MT107
  • Scheduled Settlement CHESS to CHESS Transfer Request
  • Client segregation.
  • Show more
Notice reference number: 1018.16.08
Date published: 26/08/16
Effective as of: 01/09/16
Last updated: 26/08/16

Further to ASX Notice 0381.15.04 dated Friday, 24 April 2015, ASX Clearing and Settlement Participants are advised that the technical issue identified in relation to the generation of fail fees on MT107 messages in CHESS will be corrected effective Thursday, 1 September 2016.

The CHESS Test Environment will be upgraded to reflect the change and will be available from Monday, 29 August 2016 for customer testing.

What do I need to do by when?

ASX will contact Participants who were incorrectly levied fail fees during the period 25 May 2015 – 31 August 2016.

Need more information?

Issued by

Brendan Laird, Senior Manager, Post Trade Operations

Contact information

Steven Ball, Senior Analyst, Operations Development
+61 (02)  9227 0820
steven.ball@asx.com.au

 

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