Wednesday June 3 2015
News Source: Global Exchanges
Focus: Short Selling
Type: General
Country: Argentina
Link: http://www.clearstream.com/clearstream-en/products-and-services/a15105/74294
Clearstream Banking has announced that it will shortly finalise the opening of a direct account at the Argentinian Central Securities Depository, Caja de Valores S.A. (“CVSA”).
Clearstream Banking will transfer all securities from Clearstream Banking’s account at Citibank N.A., Buenos Aires, to Clearstream Banking’s new direct account at CVSA on 17 or 18 June 2015.
An announcement confirming the effective date of the transfer will follow shortly.
Clearstream Banking’s new account at CVSA will be opened in the name of, and operated by, Clearstream Banking. Clearstream Banking will become a direct participant of CVSA, acting as “depositante”, and will be recognised under Argentinian law as the legal owner of any deposited securities at CVSA.
Click on the link above for further details.