Notice

Update: Dotz Nano Limited – DvP Settlement of Placement ASX Code: DTZXX

What's this about:
  • ASX Market
  • Clearing
  • Settlement
  • Operations
  • Market Data
  • Compliance
  • Risk
Notice reference number: 0405.19.05
Date published: 02/05/19
Effective as of: 02/05/19
Last updated: 20/03/26

This Notice is being issued to provide Participants with further information on the DvP Settlement service extended to support the Placement by Dotz Nano Limited. 

What do I need to do by when?

Update: Please be advised that the settlement date is updated to 6th May 2019.

Bid Details:

ISIN:

AU0000045551

03 May 2019:

Deadline for all parties to transmit Dual Entry Settlement Instructions to effect CHESS DVP  Settlement between the two parties[1]

06 May 2019:

Settlement Date 

07 May 2019:

DTZXX holdings to be transformed to DTZ by Automic Pty Limited

Settlement Agent:

Morrison Securities Pty Limited (PID 01089)

Contact: 

David Harjito

Phone:

(02)  8114 2211

Email:

morrison.admin@morrisonsecurities.com


[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 DTZXX 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?

Anjita Sharma, Post Trade Operations

Contact information

Anjita Sharma
1800 623 571
pmf@asx.com.au

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