CHESS User by Function

CHESS User by Function

The CHESS User by Function table highlights which functions are mandatory, optional or not applicable for each CHESS User.

Function

Clearing & Settlement Participant

Settlement Participant

Sponsoring Participant (account participant)

Specialist SP (Offeror)

Issuer (Registry)

Payment Provider

AMO

mFunds

PISP

Issuer (Registry)

Account Management - Account & Holder 

Mandatory

Mandatory

Mandatory

Mandatory

Mandatory

n/a

n/a

Mandatory

Mandatory

Account Locking & Unlocking (bankruptcy, court order etc.)

Mandatory

Mandatory

Mandatory

n/a

Mandatory

n/a

n/a

n/a

Mandatory

Investor & pass-through information (ABN/ACN, TFN, Bank Accounts)

Mandatory

Mandatory

Mandatory

n/a

Mandatory

n/a

n/a

Mandatory

Mandatory

Trade Capture & Acknowledgement

n/a

n/a

n/a

n/a

n/a

n/a

Mandatory

n/a

n/a

Trade Registration & Novation

Mandatory

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Transfers & Conversions: CHESS to / from Issuer

Mandatory

Mandatory

Mandatory

Mandatory

Mandatory

n/a

n/a

n/a

Mandatory

SRN Enquiry

Mandatory

Mandatory

Mandatory

n/a

Mandatory

n/a

n/a

n/a

Mandatory

Change of Controlling Participant

Mandatory

Mandatory

Mandatory

n/a

Mandatory

n/a

n/a

n/a

Mandatory

Unilateral Demand Transfers

Mandatory

Mandatory

Mandatory

n/a

n/a

n/a

n/a

n/a

n/a

Bilateral Demand Transfers

Mandatory

Mandatory

Mandatory

n/a

n/a

n/a

n/a

n/a

n/a

Unilateral Settlement Instructions

Mandatory

Mandatory

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Bilateral Settlement Instructions

Mandatory

Mandatory

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Bilateral Demand DvP

Optional

Optional

n/a

n/a

n/a

Optional

n/a

n/a

n/a

Settlement locks

Optional

Optional

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Batch Settlement

Mandatory

Mandatory

n/a

n/a

n/a

Mandatory

n/a

Mandatory

n/a

Real-Time Settlement

Optional

Optional

Optional

n/a

n/a

Optional

n/a

n/a

n/a

Payment Facilities

Optional

Optional

Optional

n/a

n/a

Optional

n/a

Mandatory

n/a

Corporate Actions - Take-Over & Buy-backs

Mandatory

Mandatory

Mandatory

Mandatory

n/a

n/a

n/a

n/a

n/a

Corporate Actions - Holding Adjustments

Mandatory

Mandatory

Mandatory

n/a

Mandatory

n/a

n/a

n/a

Mandatory

Corporate Actions - Code Change

Mandatory

Mandatory

Mandatory

n/a

Mandatory

n/a

n/a

n/a

n/a

Corporate Actions - Class Merger

Mandatory

Mandatory

Mandatory

n/a

Mandatory

n/a

n/a

n/a

n/a

Corporate Actions - Diary Adjustments

Mandatory

Mandatory

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Corporate Actions - DRP Elections

Optional

Optional

Optional

n/a

Mandatory

n/a

n/a

n/a

Mandatory

Corporate Actions - DRP Elections (Issuer Cancellation)

Mandatory

Mandatory

Mandatory

n/a

Mandatory

n/a

n/a

n/a

n/a

Distribution Status Advice

Optional

Optional

Optional

n/a

Mandatory

n/a

n/a

n/a

Mandatory

Collateral Management (ETO)

Optional

Optional

Optional

n/a

n/a

n/a

n/a

n/a

n/a

Collateral Management (CMM)

Optional

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

Cash Market Margin

Mandatory

n/a

n/a

n/a

n/a

n/a

n/a

n/a

n/a

AMO Price

n/a

n/a

n/a

n/a

n/a

n/a

Mandatory

n/a

n/a

Warrant transfer by Issuer Agent

Optional

Optional

Optional

n/a

n/a

n/a

n/a

n/a

n/a

mFunds - Initial Applications

Optional

Optional

Optional

n/a

n/a

n/a

n/a

Mandatory

Mandatory

mFunds - Subsequent Applications

Optional

Optional

Optional

n/a

n/a

n/a

n/a

Mandatory

n/a

mFunds - Redemption

Optional

Optional

Optional

n/a

n/a

n/a

n/a

Mandatory

n/a

Reporting

Mandatory

Mandatory

Mandatory

Mandatory

Mandatory

Mandatory

Optional

Mandatory

Mandatory