Notice

Charter Hall Retail Reit - DvP Settlement of Institutional Placement ASX Code: CQRXX

What's this about:
  • ASX Market
  • Clearing
  • Settlement
  • Operations
  • Market Data
  • Compliance
  • Risk
Notice reference number: 0144.20.02
Date published: 21/02/20
Effective as of: 21/02/20
Last updated: 21/02/20

This Notice is being issued to provide Participants with further information on the DvP Settlement service extended to support the Institutional Placement by Charter Hall Retail Reit.

What do I need to do by when?

Bid Details:

ISIN:

AU0000079006

24 February 2020:

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

25 February 2020:

Settlement Date 

26 February 2020:

CQRXX holdings to be transformed to CQR by Link Market Services Limited

Settlement Agent:

UBS Securities Australia Limited (PID 1505)

Contact: 

Sarah Dick

Phone:

(02) 9324 2313

Email:

sarah.dick@ubs.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 CQRXX 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

Anjita Sharma, Equity Operations

Contact information

Equity Operations
1800 814 051
pmf@asx.com.au

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