CCASS Processing And Service Schedule

Transcription

1 ATI maintenance (5) I maintenance (4) maintenance (4) STI maintenance (8) CCMS Stk Trf (6) Mass ATI / STI upload Subscription (9), Election, and Voting Instructions Input (by DI and multiple batches) /I/AT/STI/ DI maintenance I upload ATI / STI upload upload Specific cash collateral maintenance, SSC Batch File Upload CCMS cash transfer and stock collateral maintenance CCMS Stock Transfer Realtime DVP Deposit/Withdrawal CCASS/3 Terminal Backup Facilities Realtime DVP (by DI and multiple batches) Execution buy-in order on behalf short Clearing Participants by HKSCC Trade endment (through SEHK) (7) Section 6.2 CCASS PROCESNG AND SERVICE SCHEDULE (for Hong Kong market) Daily CCASS Services Processing Schedule for (1) (2) SEHK Trades 7:15 Monday - Friday T T+1 T+2 (3) T+3 8:00 CCASS services commence 9:00 9:30 10:00 Morning Interbank Bulk 10:30 11:00 1:00 Final 2:00 Afternoon Interbank Bulk Clearing System 3:00 4:00 DDI/DCI/EPI for Evening Interbank Bulk DDI/DCI/EP I 5:00 Provisional 6:00 Evening Interbank Bulk settlement through HKAB's clearing system 7:00 8:00 DDI/DCI/EPI for the next Interbank Bulk 8:30 CCASS services close S-2 S-1 S S+1 * Payment Confirmation no later than CCASS 5:45 (S day) and 9:30 (S+1 day) on the bank working day following the settlement (outside CCASS) issue DDI/DCI/EPIs by HKSCC to be transmitted to HKAB s Clearing System Note: (1) Services available to all CCASS participants. (2) schedule applicable to DCPs and GCPs only. (3) CCASS generates DDI/DCI/EPIs on any business day even when there may be no settlement. (4) First session /I maintenance services starts at 8:00 and ends at 3:45. Second session /I maintenance services is available at approximately 5:00 (announced by a broadcast message) and closes at 7:00. Upload starts at 7:15. (5) First session Input ATI services starts at 8:00 & ends at 3:45. Second session Input ATI services and subscription maintenance are available at approximately 4:00 (announced by a broadcast message) and closed at 7:30. (except /I enquiry functions which close at 8:00 p.m.) (6) First session CCMS stock transfer maintenance services starts at 9:30 and ends at 3:45. Second session CCMS stock transfer maintenance services is available at approximately 4:00 and closes at 7:00. (7) The deadline is for transmitting trade endment file to CCASS. (8) From 8:00 to 3:45., maintenance STI with either DVP or FOP payment method is available. After 3:45 till 7:30, only the maintenance STI with FOP payment method is allowed. (9) The latest time Subscription, Election and Voting instruction input on the prescribed end date set by CCASS will be 11:00, and 4:15 respectively. CCASS Terminal User Guide - For Designated Banks 11/

2 CNS (by multiple batches) CNS (by multiple batches) (by multiple batches) ATI / ATI STI / STI upload upload Mass ATI / / STI upload Mass Mass ATI / ATI STI / STI upload upload Input Input DI DI (7) (7) Input DI (7) Input DI (7) Voting Instructions Input (11) (11) Voting Instructions Input Voting Instructions Input (11) Subscription Instruction Input Input (10) (10) Subscription Instruction Input (10) Subscription Instruction Input (10) Services (by DI and multiple batches) (by DI) (by DI and multiple batches) maintenance (6) / / upload maintenance (6) (6) / / upload upload ATI / / STI maintenance (8) (8) ATI ATI / STI / STI maintenance maintenance (8) (8) ATI / / STI upload Realtime DVP Realtime DVP Realtime DVP Realtime DVP ) ) ) Section 6.2 CCASS Processing And Services Schedule CCASS CCASS PROCESNG AND AND SERVICE SCHEDULE (for China Connect market) Markets) CCASS PROCESNG AND AND SERVICE SCHEDULE (for (for China China Connect Markets) Daily Daily CCASS CCASS Services Processing Schedule for (1) (1) China Connect Securities Trades (2) (2) Daily CCASS Services Processing Schedule Processing for Schedule for Daily CCASS (1) Services (1) China Connect China Connect Securities Trades (2) Securities Trades (2) 7:15 7:15 7:15 7:15 7:45 7:45 8:00 7:458:00 8:00 8:00 9:00 9:00 9:00 9:00 9:30 9:30 9:30 9:30 10:00 10:00 10:00 10:00 10:30 10:30 10:30 11:00 11:00 10:30 11:00 11:00 Monday - Friday - T T+1 (3) Monday - Friday Monday - Friday T T T+1 T+1 CCASS services commence CCASS CCASS services services commence commence Morning Interbank Morning Bulk Bulk Interbank Bulk through through HKAB s HKAB s through Clearing Clearing HKAB s System* System* Morning Interbank Bulk (3) (3) (3) CPI CPI CPI 1:00 1:00 1:00 1:00 2:00 2:00 2:00 2:00 3:00 3:00 3:00 4:00 4:00 4:00 5:00 5:00 5:00 6:00 6:00 6:00 Afternoon Interbank Afternoon Bulk Interbank Afternoon Interbank Bulk Bulk through HKAB s Afternoon Interbank through through Clearing HKAB s HKAB s System Bulk Clearing Clearing System System Clearing System Evening Interbank Evening Bulk Evening Interbank Interbank Bulk Bulk through HKAB s Clearing System* Final Final Final DDI/DCI/EPI for Evening Interbank Bulk DDI/DCI/EPI for for Evening (9) Interbank Bulk Bulk DDI/DCI/EPI for Evening (9) (9) Interbank Bulk (9) Evening Interbank Bulk Final Debit CPI(4) Debit CPI(4) Debit CPI(4) Debit CPI(4) Credit CPI Credit Credit (5) CPI CPI (5) Credit (5) CPI (5) 7:00 DDI/DCI/EPI/ for the next 7:00 7:00 Interbank Bulk 7:00 Processing Processing (by DI/ batch (by DI/batch (by DI/batch ) ) 8:00 CCASS services close ) (by DI/ batch 8:00 DDI/DCI/EPI/ for Night ) 8:00 Interbank DDI/DCI/EPI/ Bulk for Night 8:00 DDI/DCI/EPI/ for Night Interbank Bulk Interbank Bulk 8:30 DDI/DCI/EPI/ for the next Security 8:30 day DDI/DCI/EPI/ Morning and for Afternoon the next 8:30 Interbank Bulk DDI/DCI/EPI/ for the next 8:30 Interbank Bulk Interbank Bulk Night Interbank Bulk Night Interbank 9:20 Night Interbank Security Security through Bulk HKAB s Bulk 9:20 9:20 CCASS services close Securities 9:30 9:30 CCASS CCASS services services close close CCASS 9:30 CCASS CCASS settlement (outside CCASS) CCASS settlement (outside CCASS) Note: settlement (outside CCASS) Note: settlement (outside CCASS) (1) Services available to all China Connect Clearing Participants.. Note: (1) Services available to all China Connect Clearing Participants.. (2) Note: schedule applicable to DCPs and GCPs only. CNS money obligation for China Connect Securities will be settled by RTGS payments (1) (2) Services available to all schedule China Connect applicable Clearing to DCPs Participants.. and GCPs only. CNS money obligation for China Connect Securities will be settled by RTGS payments (3) (1) CNS Services money available settlement to all for China Connect Clearing Securities Participants.. takes place on T+1 via Real Time Gross ( RTGS ). On T+1 morning, CCASS will issue CHATS Payment Instruction ( CPI ) in the net (2) (3) CNS money settlement schedule for China applicable Connect Securities to DCPs and takes GCPs place only. T+1 CNS via money Real Time obligation Gross for China Connect ( RTGS ). Securities On T+1 will morning, be settled CCASS by RTGS will issue payments one CHATS Payment Instruction ( CPI ) in the net (2) ount to CP s designated schedule banks. applicable to DCPs and GCPs only. CNS money obligation for China Connect Securities will be settled by RTGS payments (3) CNS ount money Shanghai settlement and for Shenzhen China Connect markets Securities CNS money takes obligation place on to T+1 CP s via designated Real Time banks. Gross ( RTGS ). On T+1 morning, CCASS will issue one CHATS Payment Instruction ( CPI ) in the net (4) (3) CPs CNS who money have settlement a net payable for China ount Connect should Securities make payment takes to place HKSCC on T+1 by 12:00 via Real noon Time via RTGS. Gross ( RTGS ). On T+1 morning, CCASS will issue one CHATS Payment Instruction ( CPI ) in the net (4) ount CPs who have Shanghai a net payable and Shenzhen ount markets should make CNS payment money obligation to HKSCC to by CP s 12:00 designated noon via RTGS. banks. (5) CPs ount who have Shanghai a net receivable and Shenzhen ount markets will receive CNS money from obligation HKSCC to at CP s around designated 12:30 banks. via RTGS. (4) (5) CPs who have a net payable receivable ount should will receive make payment money from to HKSCC by at around 12:30 via RTGS. via RTGS. (6) (4) First CPs session who have a net maintenance payable ount services should starts make at 7:15 payment and to ends HKSCC at 7:00 by via RTGS. (5) (6) CPs First who session have a net maintenance receivable ount services will starts receive at 7:15 money and from ends HKSCC at 7:00 at around 12:30 via RTGS. (5) Second CPs who session have a net maintenance receivable ount services will is receive available money at approximately from HKSCC 7:15 at around and 12:30 closes at via 7:45RTGS. (6) First Second (7) Input session session DI for CNS maintenance position is available services services starts is available at approximately at 7:15 at approximately 4:00 and ends at 7:00 7:15 and closes at 7:45 (7) Second Input (6) First DI Input session for session CNS DI for position maintenance position maintenance is available services is available services at approximately starts at at approximately is available 4:00 7:15 7:15 at approximately and and closes ends at (announced 7:15 at 7:00 7:00 by ; a broadcast and closes message) at 7:45 and closes at 7:45. (7) Input Second (8) From DI DI for for 8:00 CNS session position for to 3:45 is delivering maintenance, available CPs services maintenance at approximately without is outstanding available at STI with either 4:00 CNS approximately DVP and short or closes position 7:15 FOP payment at 7:00 is available and closes at approximately at 7:45 (i) 4:00 to 7:00 ; and (ii) 7:15 (announced by a broadcast message) and closes at 7:45 method is available. After 3:45 till 7:45, only the maintenance STI with FOP payment method is allowed. Input. (7) Input DI for CNS position is available at approximately 4:00 and closes at 7:00 ; (9) Transaction DI for position fees for is China available Connect at approximately Securities will 7:15 be settled (announced via DDI. by a broadcast message) and closes at 7:45. (8) (8) From Input (10) 7:15 For subscription DI for to 3:45 position, maintenance for delivering announcement CPs involving STI with without Non-Listed either outstanding DVP DVP or China or FOP CNS Connect FOP payment short position method is Securities method is available (e.g. is available. at rights available. After approximately issues), After 3:45 function 3:45 is till (i) available till 8:00, 4:00 7:45, only to 7:00 from only the 8:00 the maintenance ; and (ii) 7:15 maintenance STI to 7:45 ; STI with (announced with FOP FOP payment by a payment method broadcast method is allowed. message) and closes at 7:45 is allowed. (9) (9) Transaction. For subscription fees for China Connect announcement Securities will involving will be Listed be settled China via Connect via DDI. DDI. Securities (e.g. takeover fers), function is available shortly after 7:00 until 7:45 (10) (10) For For (8) From subscription 7:15 announcement to 3:45, maintenance involving Non-Listed STI with China either China Connect DVP or Securities FOP payment Securities (e.g. method (e.g. rights rights issues), available. issues), CCASS authorise After authorise function Terminal 3:45 function is till available 8:00, is available User from only from Guide 8:00 the 8:00 maintenance to - 7:45 For to 7:45 ; Designated STI with FOP payment ; Banks method 11/2017 is allowed. (9) For For Transaction subscription fees announcement for China Connect involving Securities Listed Listed China will be China Connect settled Connect Securities via DDI. Securities (e.g. (e.g. takeover takeover fers) fers), authorise, authorise function function is available is available shortly shortly after after 7:00 7:00 until until 7:45 7:45 (11) (11) The The (10) latest latest For subscription time Voting announcement Instruction input involving input on on the Non-Listed the prescribed China prescribed end end date Connect date set set by Securities by CCASS CCASS will (e.g. will be be 4:15 rights 4:15 issues), authorise function is available from 8:00 to 7:45 ; For subscription announcement involving Listed China Connect Securities (e.g. takeover fers), authorise function is available shortly after 7:00 until 7:45 (11) The latest time Voting Instruction input on the prescribed end date set by CCASS will be 4:15

3 CCASS service hours for designated banks: 7:15 a.m. to 9:30 p.m. Monday to Friday, except holidays Section 6.2 Daily schedule: Time CCASS events 7:15 a.m. Broadcast Message Enquiry and Report Download functions available 8:00 a.m. Generation CPIs by HKSCC for money settlement between Participants and HKSCC (including money obligations arising from CNS stock positions China Connect Securities Trades settled on the previous Day with payment deadline at ) to be settled by a specified time on the se day 8:30 a.m. DDI/DCI/EPI Confirmation for morning interbank bulk settlement run commences (DDI/DCI/EPI Listing for Designated Bank and DDI/DCI/EPI Listing for IP Related Transactions available) 9:00 a.m. Security Management related functions available Batch upload for rejected DDI/Debit EPI relating to Investor Participant functions commence 9:30 a.m. Deadline for confirmation good funds DDI/DCI/EPI for morning Interbank Bulk Run by designated banks (must be completed not later than 9:30 a.m.) 9:30 a.m. 10:30 a.m. Enquire Payment Instruction function available DDI/DCI/EPI Rejection Listing available. (shortly after 9:30 a.m.) First Electronic CHATS Payment Instruction Report available Second Electronic CHATS Payment Instruction Report available 11:00 a.m. Third Electronic CHATS Payment Instruction Report available 11:30 a.m. CCASS Funding Projection Report for Designated (for (around) Eligible Securities other than China Connect Securities) IP-related DDI/EPI payment confirmation commences 12:30 a.m. (around) Deadline for CPI confirmations and paying HKSCC in good funds for CPIs contained in the Electronic CHATS Payment Instruction Report generated at 9:30 a.m. in respect money settlement China Connect Securities Trades between HKSCC and Participants *(refer to Note below) Fourth Electronic CHATS Payment Instruction Report available CCASS Funding Projection Report for Designated (for Eligible Securities other than China Connect Securities) 1:30 p.m. Batch upload for rejected IP-related DDI/EPI function closes Rejected DDI / EPI Batch Input Control Report available (shortly after 1:30 p.m.) CCASS Terminal User Guide - For Designated Banks 11/

4 Section 6.2 CCASS Processing And Services Schedule Time CCASS events 2:00 p.m. Fifth Electronic CHATS Payment Instruction Report available 2:30 p.m. Deadline for confirmation good funds IP-related DDI/EPI by the designated Bank IPs (must be completed not later than 2:30 p.m.). 2:30 p.m. (around) Investor Confirmation Report available (shortly after 2:30 p.m.). CCASS Funding Projection Report for Designated (for Eligible Securities other than China Connect Securities) 3:00 p.m. Intra-day Payment Instruction Listing available 3:30 p.m. Preliminary cut f for CCASS related CHATS payment 3:30 p.m. (around) CCASS Funding Projection Report for Designated (for Eligible Securities other than China Connect Securities). 3:35 p.m. Interim cut f for CCASS related CHATS payment 4:00 p.m. Commencement for China Connect Markets function 4:05 p.m. Generation Direct Debit/Credit Instructions (DDI/DCIs) & Electronic Payment Instructions (EPIs) by HKSCC for se day settlement DDI/DCI/EPI Listing for Designated 4:20 p.m. DDI/DCI/EPI Confirmation for Primary Payment Rejection Window evening interbank bulk settlement run commences 4:45 p.m. Sixth Electronic CHATS Payment Instruction Report available 5:00 p.m. CCASS Funding Projection Report (Night ) for Designated 5:30 p.m. for China Connect Markets function for CHATS payment method closes Seventh Electronic CHATS Payment Instruction Report available 5:45 p.m. Deadline for payment confirmation DDI/DCI/EPI for evening interbank bulk settlement run by designated banks (must be completed not later than 5:45 p.m.) DDI/DCI/EPI Rejection Listing available (shortly after 5:45 p.m.) CCASS Funding Projection Report (Night ) for Designated 6:00 p.m. for China Connect Markets function for OTHERS payment method closes Day end cut f for CCASS related CHATS payment in HKD and USD 6:00 p.m. DDI Confirmation for Secondary Payment Rejection Window commences 6:15 p.m. Eighth Electronic CHATS Payment Instruction Report available 6:30 p.m. CCASS Funding Projection Report (Night ) for Designated 7:00 p.m. Enquiry functions close (except for Broadcast Message Enquiry and DDI/DCI/EPI Rejection Enquiry) Ninth Electronic CHATS Payment Instruction Report available CCASS Terminal User Guide - For Designated Banks 11/2017

5 Section 6.2 Time CCASS events 7:00 p.m. Generation DDI/DCIs & EPIs by HKSCC for settlement in the next Business Day 7:15 p.m. CCASS Funding Projection Report (Night ) for Designated 7:45 p.m. Day end cut f for CCASS related CHATS payment in RMB 8:00 p.m. Deadline for confirmation DDI for Secondary Payment Rejection Window by designated banks (must be completed not later than 8:00 p.m.) DDI/DCI/EPI Rejection Listing available. (shortly after 8:00 p.m.) CCASS Funding Projection Report (Night ) for Designated 8:05 p.m. DDI/DCI/EPI Listing for Designated 8:20 p.m. DDI/DCI/EPI Confirmation for night interbank bulk settlement run commences 9:20 p.m. DDI/DCI/EPI Confirmation for night interbank bulk settlement run closes Enquire DDI/DCI/EPI Rejection function closes. 9:30 p.m. Broadcast Message Enquiry and Report Download functions close *Note This (i.e. ) is the deadline for issuing by facsimile and telephone to HKSCC a confirmation regarding each CPI for money settlement China Connect Securities Trades contained in the Electronic CHATS Payment Instruction Report for which payment has not been or cannot be effected ( CPI Confirmation ). CCASS Terminal User Guide - For Designated Banks 11/

6 Section 6.2 CCASS Processing And Services Schedule AVAILABILITY SCHEDULE OF EACH ON-LINE FUNCTION Function Ne Start Time End Time Remarks: Input DDI/DCI/EPI Rejection # 08:30 / 16:20 / 18:00/ 20:20 Delete DDI/DCI/EPI Rejection # 08:30 / 16:20 / 18:00/ 20:20 Authorise DDI/DCI/EPI Rejection # 08:30 / 16:20 / 18:00/ 20:20 09:30 / 17:45 / 20:00/ 21:20 09:30 / 17:45 / 20:00/ 21:20 09:30 / 17:45 / 20:00/ 21:20 Enquire DDI/DCI/EPI Rejection 08:30 21:20 Input Rejected IP DDI/EPI 12:00 14:30 Delete Rejected IP DDI/EPI 12:00 14:30 Authorise Rejected IP DDI/EPI List 12:00 14:30 Rejected DDI/EPI File Upload 08:30 13:30 Authorise Rejected DDI/EPI File Upload 08:30 13:30 Report Download * 07:15 21:30 Enquire Payment Instruction 09:30 20:00 Enquire SSA Bank Account 08:00 19:00 Enquire Projection 08:00 19:00 Enquire Broadcast Message * 07:15 21:30 Delete User Prile ** 07:00 19:00 Change User Prile ** 07:00 19:00 Enquire User Prile ** 07:00 19:00 User Group Listing (With Accessible Functions) ** 07:00 19:00 Disabled User Listing ** 07:00 19:00 SRN Listing ** 07:00 19:00 User Prile Maintenance Report ** 07:00 19:00 Reset Smartcard Password ** 07:00 19:00 Get Authorisation Code ** 07:00 19:00 * Enquire Broadcast Message and Report Download functions are available on Saturday from 07:15 to 13:00. ** Security Management related functions are available on Saturday from 07:00 to 13:00. # Input / Delete / Authorise DDI/DCI/EPI Rejection functions are available in four payment rejection sessions on each business day CCASS Terminal User Guide - For Designated Banks 11/2017