Clearstream Banking SA

08/29/2024 | Press release | Distributed by Public on 08/29/2024 06:29

Bridge: Processing delayed - Update II

Bridge: Processing delayed - Update II

29.08.2024

The file exchange via the Bridge is running but delays are still being experienced. We are continuing to work closely with Euroclear to resolve it as soon as possible.

To continue with the progress made during the day, Mandatory Settlement Period 1 (MSP1) has been extended to Mandatory Settlement Period 2 (MSP2).

Clients are reminded that in order to increase their settlement efficiency, the day-light filter for optional settlement period can be added to Bridge instructions to allow settlement until 19:05 CEST in all eligible currencies.

Clients should also keep monitoring the cash management of the currencies potentially impacted and contact us if there are late instructions to be processed on a best-effort basis.