Holding Administration Locking and Unlocking Process

Holding Administration Locking and Unlocking Process Flow

 

Holding Administration Locking and Unlocking Process

Step

Description

Party

Recipient / Observer

Message Reference

API Contract

Step

Description

Party

Recipient / Observer

Message Reference

API Contract

1

The Requesting Party completes the Holding Administration Lock form and submits it to ASX Operations. 

Holding Administration Lock Forms will be supplied in a subsequent release.

Requesting Party

ASX Operations

-

-

2

ASX Operations receives the Holding Administration Lock form and processes the Requesting Party's request.

ASX Operations

-

-

-

3

ASX Operations submits the Holding Administration Lock request to the CSP.

ASX Operations

CSP

Internal

-

4

The CSP validates the Holding Administration Lock request against the schema and business validation rules.

If the Holding Administration Lock request is schema and business valid, then refer to Step 5; "On Success".

If the Holding Administration Lock request is not schema or business valid, then refer to Step 8; "On Fail".

CSP

-

-

-

On Success

5

The CSP locks / unlocks the Unit Quantity specified in the Holding Administration Lock request.

CSP

-

-

-

6

The CSP sends an Securities Balance Report to the Controlling Participant, advising that the holding has been locked / unlocked.

CSP

Controlling Participant

Securities Balance Report (hold_228)

Holding.HoldingAdminLock (HoldingAdminLockStandardView)


Holding.Holding (Holding)

7

The CSP sends an Securities Balance Report to the Issuer (Registry), advising that the holding has been locked / unlocked.

CSP

Issuer (Registry)

Securities Balance Report (hold_228)

Holding.Holding2Issuer (Holding)

On Fail

8

If the Holding Administration Lock request fails schema or business validation, the CSP will send ASX Operations:

  • An Invalid Transaction Notification with the relevant error code for schema failure; or

  • A Rejected Transaction for business validation failure.

CSP

ASX Operations

Internal

-

9

ASX Operations will notify the Requesting Party of the rejection.

ASX Operations

Requesting Party

-

-

Business Values and Rules

Securities Balance Report

The CSP sends a Securities Balance Report to both the Controlling Participant and the Issuer (Registry) to notify of the holding being locked or unlocked.

ASX Element Name

ISO 20022 Element

Guidelines

ASX Element Name

ISO 20022 Element

Guidelines

Transaction Id

Statement General Details / Query Reference

The unique identifier of a transaction within the CSP. Further details of Transaction Identifications are detailed here.

Statement Frequency

Statement General Details / Frequency

Indicates the frequency of the statement. In this case, the value Adhoc (ADHO) will be present.

Reason

Update Type / Proprietary / Identification

Indicates the reason for the Holding Administration lock. One of the following code values must be used: 

  • Subject to Court Order (SCOL)

  • Non-specific (NOSL)

  • Action by ASX Operations (ASXL)

When a holding lock was made in error, the following may be used:

  • Error - Non-specific (ERRN);

  • Error - Action by ASX Operations (ERRA); or

  • Error - Subject to Court Order (ERRS).

Statement Basis

Statement General Details / Frequency

Indicates the type of balance on which the statement is prepared. In this case, the value will be Fixed Value Settled (SETT).

Account Identifier (HIN)

Safekeeping Account /  Identification

Uniquely identifies an Account (HIN) within the CSP.

Security Code

Balance For Account / Financial Instrument Identification

Identifies the security that is the subject of a message sent from the CSP to the Issuer/Controlling Participant. In this case, both ISIN and ASX code values will be provided. Further details of Security Code and ISIN are detailed here

APIR code

Financial Instrument Identification / Description

If the Security involved in the Holding Administration Lock Request has an APIR Code it will be provided.

New Sub-position Balance

Aggregate Balance / Quantity / … / Unit

Indicates the total number of units held in the sub-position.

Subposition Type

Balance Breakdown / Sub Balance Type/ Proprietary / Identification

Identifies the type of a holding sub-position. In this case, the value will be Holding Administration (HADM).

Increase Decrease Indicator

Balance For Account / Balance Breakdown / Quantity / Short Long Indicator

Indicates the holding balance is positive. In this case, the value will be Long (LONG).

New Subposition Balance

Balance Breakdown / Quantity / … / Unit

Indicates the total number of units held in the sub-position.

Unit Quantity

hold 228 Additional Details / Unit Quantity

Indicates the number of units the subposition has increased or decreased by.

Credit/Debit Indicator

hold 228 Additional Details / Credit Debit Indicator

Indicates whether subposition balance has increased or decreased, where:

  • Credit (CRDT) indicates that the sub-position has increased; and

  • Debit (DBIT) indicates that the sub-position has decreased.