In connection with the Genium INET November upgrade, the window for cost-free position adjustments is redefined. As of November 23, 2015, the fee will be charged for set-off on omnibus accounts as a result of position adjustments if these do not take place in the window from 13:10 CET on the day of trade (âTâ) until 12:50 CET on the day after trade (âT+1â). The set-off fee is relevant for index futures.
As previously announced with IT notice 35/15, any set-off fee for position adjustments will following the November upgrade be calculated daily and instructed together with transaction and closing fees as part of the daily settlement flow.
For further information, please see the attached file.
