Please note that transactions in subscription rights will not be netted and cleared by a central counterparty (CCP). Transactions must be settled bilaterally with the respective counterparties. Please remember to register the correct counterparty in the settlement instructions before sending them to VPS. We recommend that the participants send their settlement instructions to VPS within 20:00 on trade date.
Last settlement day for the subscription rights is 21. May 2021. All unsettled transactions after settlement cycle 3 on this day will be rejected.
If you have questions please send e-mail to oppgjoer@vps.no
For information about transaction flow for settlement with and without a CCP, click here