![]() ![]() Proxy voting services are available in CBL for this market.Ĭustomers that want to vote at general meetings (physically or by proxy) must instruct CBL to register their shares in the name of the beneficial owner prior to the general meeting's record date as defined by the respective company. ![]() In addition, CBL informs customers on an "as and if received" basis of unscheduled securities events occurring on account holdings, such as rights offers, reinvestment options, exchange offers, purchase offers, mergers etc. In the absence of instructions from its customer, CBL will apply a “default option”, which may differ for each type of event. These options include, but are not limited to, put options, conversions, exercises of warrants, exchanges, detachment of warrants etc.Ĭustomers are requested to instruct within the deadlines and/or procedures specific to each type of event. No specific deviations from the standard provided by CBL apply to the Danish market.Ĭustomers may instruct CBL to carry out options foreseen in the terms and conditions of the underlying type of security. For voluntary and mandatory events, CBL informs customers, on an "as and if received" basis, of unscheduled securities events occurring on account holdings. Settlement transactions over the Bridge will not be presented for settlement between the beginning (00:45) and the end of day of the drawing day. The payment method to be applied is reported via MT564 IPAR and Xact Web Portal IPAR.įor further details on entries qualified as ACL, please refer to the section “5.6 Financing: availability of funds” of the Customer Handbook.ĬBL performs drawings on Danish mortgage credit institution bonds and government bonds by applying, to the appropriate customer holding, a percentage rate that is as close as possible to the rate announced in the domestic market. Proceeds will be paid with the value with which they are received.įunds under the Available for Cash Loan (ACL) concept, when applicable, are paid with good value. Proceeds are calculated based on the positions recorded at the close of business on the record date and paid to the customer's account upon successful receipt and reconciliation of funds. See Connectivity manuals on the Clearstream website. See Section 8 “Asset servicing” of the Customer Handbook. Standard Asset Servicing reporting via SWIFT MT56x, Xact Web Portal, CreationOnline and Xact File Transfer. Income collection Debt securities Service offered
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