Netted Obligation Report (NNDP)

Netted Obligation Report (NNDP) Summary

Netted Obligation Report (NNDP) Process Flow

Netted Obligation Report (NNDP) Process

Step

Description

Party

Recipient

Message Reference

Step

Description

Party

Recipient

Message Reference

1

The End of Day process is triggered to generate the Netted Obligation Report (Novated Net Delivery Position).

CSP

-

-

2

The CSP generates the Netted Obligation Report (Novated Net Delivery Position).

CSP

-

-

3

The CSP sends the Netted Obligation Report (Novated Net Delivery Position) to the Settlement Participant.

CSP

Settlement Participant

Netted Obligation Report (rptg_609)

4

The CSP sends the Netted Obligation Report (Novated Net Delivery Position) to the Clearing Participant where they are different to the Settlement Participant.

CSP

Clearing Participant

Netted Obligation Report (rptg_609)

5

The CSP sends an End of Report notification to the Settlement Participant, indicating the generation of the report is complete.

CSP

Settlement Participant

End of Report (rptg_607)

6

The CSP sends an End of Report notification to the Clearing Participant where they are different to the Settlement Participant, indicating the generation of the report is complete.

CSP

Clearing Participant

End of Report (rptg_607)

7

The CSP validates whether there are remaining Netted Obligation Reports to process.

If there are no remaining Netted Obligation Reports to process, refer to Step 8.

If there are remaining Netted Obligation Reports to process, refer to Step 2.

CSP

-

-

8

The CSP sends an Event Notification to all Settlement Participants, indicating the generation of all Netted Obligation Reports is complete.

CSP

Settlement Participant

Event Notification (sett_170)

9

The CSP sends an Event Notification to all Clearing Participants, indicating the generation of all Netted Obligation Report is complete.

CSP

Clearing Participant

Event Notification (sett_170)

Business Values and Rules

Netted Obligation Report (Novated Net Delivery Position)

The CSP sends only one Netted Obligation Report (Novated Net Delivery Position) to the Clearing Participant where the Clearing Participant and Settlement Participant are the same actor. Where the Clearing Participant and the Settlement Participant are different actors the CSP sends two Netted Obligation Reports (Novated Net Delivery Positions), one report to each actor separately.

ASX Element Name

ISO20022 Element Name

Guidelines

ASX Element Name

ISO20022 Element Name

Guidelines

Pagination

Pagination / Page Number
Pagination / Last Page Indicator

Indicates the page number of the message (within a report) and whether the report is to continue or is at its last page. In this case, multiple pages do not apply, and hence Page Number (PgNb) is populated with ‘1' and Last Page Indicator (LastPgInd) is populated with 'true’. Further details regarding Pagination are detailed here.

Transaction Id

Query Reference

The unique identifier of the report generated by the CSP. Further details of Transaction Identifications are detailed here.

Report Type

Statement Identification

Indicates the type of report generated. In this case, Novated Net Delivery Position (NNDP) will be populated.

Statement Date

Statement Date Time / Date

Indicates the first settlement date for which the report is generated.

This will be the business date that follows the end of day process in which the report is generated.

Statement Frequency

Frequency

Indicates the report has been generated by a scheduled end of day process. In this case, it will be populated with End of Day (EDAY).

Update Type

Update Type

Indicates the status of the reporting update. In this case, it will be populated with Complete (COMP), to indicate the Statement is Complete.

Statement Basis

Statement Basis

Indicates the type of balance on which the statement is prepared. In this case, it will be populated with Traded (TRAD).

Settlement Participant (UIC/BIC)

Account Owner

Indicates the Participant controlling the Account Identifier (HIN).

Account Identifier (HIN)

Safekeeping Account / Identifier

Indicates the Account (HIN) for which a Netted Obligation Report (Novated Net Delivery Position) is generated.

Clearing Participant (UIC/BIC)

Intermediary Identification

Identifies the Clearing Participant of the Settlement Participant. Where the Clearing Participant is the same as the Settlement Participant, the UIC/BIC of the Settlement Participant is populated.

The following information is within the repeating block Balance For Account <BalForAcct>. An instance of the repeating block will exist for each Novated Net Delivery Position (NNDP) being reported.

Security Code

Financial Instrument Identification

Indicates the Financial Product for which the Novated Net Delivery Position is being reported. Both Security Code and ISIN will always be populated on the Netted Obligation Report. Further details of Security Code and ISIN are detailed here

Unit Quantity

Aggregate Balance / Quantity

Indicates the total unit quantity of the the Novated Net Delivery Position.

Short Long Indicator

Aggregate Balance / Short Long Indicator

Indicates the unit quantity of the NNDP reported is to be delivered or received (as a boolean), where:

  • Short (SHOR) indicates that the total unit quantity of the NNDP reported is to be delivered by the participant; and

  • Long (LONG) indicates that the total unit quantity of the NNDP reported is to be received by the participant.

Settlement Amount

Account Base Currency Amounts / Holding Value / Amount

Indicates the settlement amount of the Novated Net Delivery Position.

Sign

Account Base Currency Amounts / Holding Value / Sign

Indicates the total settlement amount of the NNDP reported is to be paid or received (as a boolean), where:

  • True - indicates that the total settlement amount of the NNDP reported is to be received by the participant; and

  • False - indicates that the total settlement amount of the NNDP reported is to be paid by the participant.

Settlement Date

Holding Additional Details

Indicates the settlement date on which reported units are scheduled to settle.

Basis of Movement 1, 2 and 3

NNDP Report Additional Attributes / Trade Transaction Condition / Proprietary / Identification

Indicates the relationship of a securities movement to current corporate actions for the underlying security if the relationship is not the default.

Number of Settlement Obligations

NNDP Report Additional Attributes / Number Of Entries

Indicates the count of of settlement obligations contributing to the Novated Net Delivery Position (NNDP).

End of Report

The CSP sends only one End of Report notification to the Clearing Participant where the Clearing Participant and Settlement Participant are the same actor. Where the Clearing Participant and the Settlement Participant are different actors the CSP sends two End of Report notifications, one notification to each actor separately.

ASX Element Name

ISO20022 Element Name

Guidelines

ASX Element Name

ISO20022 Element Name

Guidelines

Report Type

Report Identification

Indicates the type of report generated. In this case, Novated Net Delivery Position (NNDP) will be populated.

Event Type

Notice Type

Indicates the report has been generated to completion and the resulting report output has been sent to the recipient. In this case, End of Report (ENRE) will be populated.

Transaction Id

Query Reference

The Transaction Id of the report this notification is being sent for.

Report Entries Count

Supplementary Data / Additional Report Parameters / Report Entries Count

Indicates the number of NNDPs reported (repeating blocks) within the Netted Obligation Report with the same Transaction Id.

Each repeating block represents a Novated Net Delivery Position (NNDP) on the Account (HIN) for each future settlement date, security and basis of movement combination.

Event Notification - End of Netted Obligation Reporting

The CSP sends an Event Notification (End of Netted Obligation Reporting) to Clearing Participants and Settlement Participants to notify that the generation of all Netted Obligation Reports has been completed. A Participant that is both a Clearing and Settlement Participant will only receive a single notification.

 ASX Element Name

ISO20022 Element Name

Guidelines

 ASX Element Name

ISO20022 Element Name

Guidelines

Event Type

Event Code

Indicates the type of event that has occurred during ASX processing. In this case, it is populated with End of Netted Obligation Reporting (ENDN).

Transaction Id

Event Parameter

The unique identifier of the notification generated by the CSP.