Notice

Moelis Australia Limited - DvP Settlement of Placement ASX Code: MOEXX

What's this about:
  • ASX Market
  • Clearing
  • Settlement
  • Operations
  • Market Data
  • Compliance
  • Risk
Notice reference number: 0971.17.09
Date published: 15/09/17
Effective as of: 15/09/17
Last updated: 15/09/17

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

What do I need to do by when?

Bid Details:

ISIN:

AU0000MOEXX3

19 September 2017:

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

20 September 2017:

Settlement Date　

21 September 2017:

MOEXX holdings to be transformed to MOE by Boardroom Pty Limited

Settlement Agent:

Pershing Securities Australia (PID 01792)

Contact:　

Vincent Trimarchi

Phone:

(02) 8999 4094

Fax:

(02) 8999 4070

Email:

Corporate-Actions@pershing.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 MOEXX 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?

Issued by

Jenny Yang, Officer, Post Trade Operations

Contact information

Jenny Yang
1800 623 571
pmf@asx.com.au

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