4 August 2014 - the implementation of securities netting

The implementation deadline of new functionalities including in particular partial settlement (KDPW) and securities netting (KDPW_CCP) will be postponed at the request of KDPW Participants and KDPW_CCP Participants.

In view of a number of processes conditional on the launch of the new functionalities on Participants’ side, the implementation has been scheduled to proceed in two phases in co-ordination with the Chamber of Brokerage Houses (IDM) and the Council of Custodian Banks (RBD). The new version of the kdpw_stream software will be rolled out on 28-29 June 2014 (weekend), including inactive new services: automatic partial settlement, cash market securities netting.

These services will be formally available as of 4 August 2014.