A 5353

November 8, 2001

P&S 4923

  

TO: ALL PARTICIPANTS

ATTENTION: MANAGING PARTNER / OFFICER; OPERATIONS PARTNER / OFFICER; MANAGER CUSTOMER ACCOUNT TRANSFER DEPARTMENT; MANAGER MARGIN DEPARTMENT; MANAGER DATA PROCESSING DEPARTMENT; MANAGER MUTUAL FUNDS OPERATIONS; MANAGER CASHIERS DEPARTMENT

SUBJECT: ACATS VETERANS DAY HOLIDAY SCHEDULE – REVISED

The following supersedes any other Veterans Day Holiday Schedule Important Notice concerning ACATS.

ACAT activity processed on Thursday, November 8, 2001, which would normally settle Monday, November 12, 2001, will settle on Tuesday, November 13, 2001.

ACAT activity processed on Friday, November 9, 2001, which would normally settle Tuesday, November 13, 2001, will be combined with ACAT activity of Monday, November 12, 2001 for settlement Wednesday, November 14, 2001.

 

ACCELERATIONS:

ACATS system will REJECT any acceleration transaction on the day PRIOR TO THE HOLIDAY. Participants will receive a reject reason of "missed cycle"

Accelerations will be accepted on the holiday only for transfers validated (assets submitted) on the holiday.

 

TRANSFERS WITH A BANK CONTRA PARTY:

On the Bank Holiday, the ACATS system will reject all transactions where one side is a BANK participant.

On Friday, November 9, 2001, (the day prior to the holiday), there will be no settle prep status on the end-of-day output.

Please refer to NSCC Important Notice # A5159 / P&S # 4719 dated October 2, 2000, for additional ACAT processing information.

 

ACAT-FUND/SERV INTERFACE:

ACAT-FUND/SERV Interface activity processed on Monday, November 12, 2001 will settle on Tuesday, November 13, 2001.

Robert M. Yodice
Director, Product Development