Un-matched instructions / VP Securities
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Un-matched instructions

16.11.2018

The Task Force established between VP SECURITIES, Danske Bank, Nordea and SEB still see a high number of un-matched instructions since 29 October 2018, instructed by custody clients.

One, amongst several, root causes are identified as being wrong SSI’s and/or non-adherence to the agreed market practice on how to submit settlement instructions.

VP, Danske Bank, Nordea and SEB urge custody clients to review their un-matched instructions aiming at re-instructing these with correct SSI and/or adherence to the agreed market practice on how to submit settlement instructions.

How to instruct (PDF)

Please find the information sent out 8 November explaining how settlement instructions shall be submitted.

Questions related to un-matched instructions can be directed either directly to the custody bank, VPs CSD Services or your counterpart for SSI clarification.

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