Holding Administration Locking and Unlocking Process
Holding Administration Locking and Unlocking Process Flow
Holding Administration Locking and Unlocking Process
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 | 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) | Holding.Holding2Issuer (Holding) | |
On Fail | |||||
8 | If the Holding Administration Lock request fails schema or business validation, the CSP will send ASX Operations:
| 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.
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:
When a holding lock was made in error, the following may be used:
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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:
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