Time | Description |
|---|---|
07:30 a.m. | Queued settlement replies (incl. results from NTS) are processed after SOD in BCS |
08:00 a.m. | 1st reporting schedule on open & settled positions (SWIFT and BCS Web Client) |
09:00 a.m. | Buy-In Announcement for open deliveries (ISD+5/ISD+8) until 12:00 p.m. |
until 10:00 a.m. | Check fulfilment of margin requirements from previous settlement day (IMFF Yesterday) |
11:00 a.m. | Start 1st Intraday Margin calculation (IM01) |
11:00 a.m. | 2nd reporting schedule on margin, collateral, open & settled positions |
11:15 a.m. | Release of collateral on request (> 1 Mio. EUR) |
until 01:30 p.m. | Check fulfilment of margin requirements from IM01 |
02:30 p.m. | Start 2nd Intraday Margin calculation (IM02) |
02:30 p.m. | 3rd reporting schedule on margin, collateral, open & settled positions |
02:45 p.m. | Release of collateral on request |
04:00 p.m. | DvP cut-off |
04:20 p.m. | 4th reporting schedule on open & settled positions (SWIFT and BCS Web Client) |
until 05:00 p.m. | Check fulfilment of margin requirements from IM02 |
05:00 p.m. | Settlement instructions for Nighttime Settlement (NTS) are sent to CSD/T2S |
06:30 p.m. | EOD Margin Calculation (IMFF) |
06:30 p.m. | 5th reporting schedule on open positions, settled positions & |
08:00 p.m. | Start of Nighttime Settlement (NTS) in T2S |
08:30 p.m. | BCS EOD processing |