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Notice
This Notice is being issued to provide Participants with further information on the DvP Settlement service extended to support the Institutional Offer by Latitude Financial Group Limited.
What do I need to do by when?
Update Settlement Agent Contact details
Bid Details:
ISIN: |
AU0000060063 |
|---|---|
21 October 2019: |
Deadline for all parties to transmit Dual Entry Settlement Instructions to effect CHESS DVP Settlement between the two parties[1] |
22 October 2019: |
Settlement Date |
23 October 2019: |
LFSXX holdings to be transformed to LFS by Computershare Investor Services Pty Limited |
Settlement Agent: |
UBS Securities Australia Limited (PID 1505) |
Contact: |
Sarah Dick |
Phone: |
(02) 9324 2313 |
Email: |
[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 LFSXX 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
Vinh Tran, Equity Operations
Contact information
Equity Operations
1800 814 051
CHESSHelp@asx.com.au