Notice

Cape Lambert Resources Limited - DvP Settlement of Placement ASX Code: CFEXX

What's this about:
  • ASX Market
  • Clearing
  • Settlement
  • Operations
  • Market Data
  • Compliance
  • Risk
Notice reference number: 0260.18.03
Date published: 14/03/18
Effective as of: 14/03/18
Last updated: 14/03/18

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

What do I need to do by when?

Bid Details:

ISIN:

AU0000003873

15 March 2018:

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

16 March 2018:

Settlement Date 

19 March 2018:

CFEXX holdings to be transformed to CFE by Computershare Investor Services Pty Ltd

Settlement Agent:

Finclear Pty Ltd (PID 01822)

Contact: 

Tim Traynor

Phone:

(03) 9081 3410

Fax:

N/A

Email:

equityops@finclear.com.au


[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 CFEXX 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

Nehali Dani, Post Trade Operations

Contact information

Nehali Dani
1800 623 571
pmf@asx.com.au

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