ClearsStream Banking AG announces that since December 2025 its customers can register with the new CBF’s smart re -remote automated service to manage the failures of settlement of mobile deliveries.
Making even more important under a compressed T+1 cycle, the service aims to increase the effectiveness of the settlement and can reduce CSDR sanctions, reducing the number of failure instructions due to the lack of mobile values at or after the projected settlement date. To provide these deliveries, the CBF will automatically create re -election from other eligible mobile bills of the Customer Registration.
The Service considers that any failure in market titles in the scope of the service (“Full Field Service”) as a trigger for CBF to create re -inscriptions. Alternatively, customers can limit the service to cover only the delivery of mobile values associated with EUREX “Special Restore” commercial activity (“Special Field Service”).
If a relative settlement failure is identified, a re -enlightenment order will be set up to transfer a position without titles from a customer’s origin accounts in the same customer’s target accounts that do not have the titles. Origin accounts can be with CBF and/or ClearsStream Banking SA (CBL).
Only the main accounts of the CBF client categorized as their own assets and linked to the same legal entity (LEI) are eligible for the service. Special CBF sub-logs can also be assigned in conjunction with their main account. Customer accounts not assigned are not eligible.
Settlement fails in titles eligible for settlement in CBF for the following purchases are in the scope of the service:
- Austria;
- Belgium;
- France (except registered shares).
- Germany;
- Greece;
- Italy;
- Netherlands;
- Spain;
- Portugal;
- Selected XS/ EU Isins.