Notice

Macquarie Bank Limited – DvP Settlement of Broker Firm and Institutional Offer ASX Code: MBLZZ

What's this about:
  • ASX Market
  • Clearing
  • Settlement
  • Operations
  • Market Data
  • Compliance
  • Risk
Notice reference number: 0146.20.02
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 Broker Firm and Institutional Offer by Macquarie Bank Limited. 

What do I need to do by when?

Bid Details:

ISIN:

AU0000078073

19 March 2020:

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

20 March 2020:

Settlement Date 

24 March 2020:

MBLZZ holdings to be transformed to MBL Boardroom Pty Limited

Settlement Agent:

Macquarie Bank Limited (PID 01572)

Contact:

Merrilyn Auton

Phone:

(02) 8232 9214

Fax:

(02) 8232 4345

Email:

maccapdealsettlements@macquarie.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 MBLZZ 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

Anjita Sharma
1800 814 051
pmf@asx.com.au

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