Settlement information - Nasdaq Nordic - Update
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Posted On: 04/12/2017 8:00:18 AM
Settlement information - Nasdaq Nordic - Update
Update: Two market segments have been added to the list of affected markets.
The three interoperable cash equity CCPs in Nasdaq Helsinki, regard tomorrow 13th April as a non-settlement day in instruments with CCP clearing. This has been identified to have the following impact:
- Today’s trades reported with non-standard T+1 for settlement intended tomorrow will be rejected by the exchange. Members are advised to use settlement date of 18th April instead.
- Today’s trades with standard T+2 settlement will be settled on Wednesday 19th April.
- Trades executed yesterday (11th April) with standard T+2 settlement will be settled on Tuesday 18th April.
This affects the following markets:
Nasdaq Helsinki Cash Equity/Fund CCP-cleared market segments
- OMX HEL Equities CCP
- OMX HEL Equities Intraday Cross CCP
- OMX HEL Actively-Managed Funds
- OMX HEL Fund Units
Please note that despite of this, Euroclear Finland regards 13th April as settlement day for other than the instruments mentioned above.
For trade and technical questions please contact:
Trade and Technical Support + 46 8 405 6410 operator@nasdaq.com
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