Standardisation of subscription period ending time for Structured Products with stock exchange subscription phase

Release date: 16 Mar 2018

001/2018 Standardisation of subscription period ending time for Structured Products with stock exchange subscription phase

The increasing number of subscriptions requires a standardisation of the procedure in order to reduce complexity and to ensure a high level of security and quality, as well as transparency for our customers.

Therefore, the ending time of the subscription period for Structured Products with a stock exchange subscription phase will be limited to 12.00 CE(S)T and 16.30 CE(S)T.

For applications as of 3 April 2018, issuers are asked to set the ending time of the subscription period for their products with stock exchange subscription phase to one of the named times.

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