Intermediate Securities Distribution (RHDI):

• Home


• ISLA Corporate Actions Best Practices


• Corporate Actions:


• Mandatory Securities Distribution:


• Intermediate Securities Distribution (RHDI):

Intermediate Securities Distribution (RHDI)

Status: Finalised Last Updated: 24 May 2021

SFTR Report – NEWT | Corporate Action Cluster – Addition Sec on Loan | Cash Move – N

Description:
The distribution of intermediate securities that gives the holder the right to take part in a future event.

Best Practice:
When booking a Intermediate Securities Distribution, a loan contract should be booked in addition to the current contract with your counterparty on the pay date of the event. (COAC-69)