Sweden — Equity Securities (VPC / Euroclear Sweden)
Security typeEquity
Place of settlementVPCSSESSXXX
Global custodian BICANNISES1XXX
Local agent BICANNISES1XXX
Account at depository000159253640
Netting of transactions
1
Netting of all transactions bought and all transactions sold separately — resulting in two instructions per security per day.
2
Netting of bought and sold together — one net instruction per security per day. Exceptions apply for “strange net”: (1) where delivery and proceeds are in the same direction, or (2) where the sum of securities and/or proceeds equals zero (nil) — in these cases two instructions should be created.
Alnair prefers alternative 2.