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Article 5.1.1

Functions

Immediately after the conclusion of contracts on the market Borsa Italiana shall send X-TRM the data on the contracts with a view to their settlement via the service for the settlement of financial instruments run by Monte Titoli S.p.A. under Article 69 of the Consolidated Law on Finance or using settlement systems other than the one referred to in Article 69 of the Consolidated Law on Finance,, in accordance with the time limits established in Articles 4.1.1, 4.2.1, 4.3.1, 4.4.1, 4.5.1 and 4.6.1 and for their forwarding to the clearing and guarantee system referred to in Article 5.3.1.



Last update:  September 23 2009 - 11:15


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