Change of settlement structure for Invesco Physical Markets Plc

Release date: 24 Feb 2020

011/2020 Change of settlement structure for Invesco Physical Markets Plc Xetra Circular 011/20

1. Introduction

Please be advised that Invesco Physical Markets Plc is planning a change of settlement structure for their Exchange Traded Commodity (ETC) traded on Xetra (MIC: XETR) and Börse Frankfurt (MIC: XFRA) with effect from 2 March 2020.

Production start: 2 March 2020.

2. Required action

There is no required action.

3. Details

The issuer intends to convert the Invesco Physical Gold ETC (DE000A1MECS1) to the International Central Securities Depository (ICSD) model with effective date Monday, 2 March 2020. Following a successful conversion, shares of this ETC will be held in non-collective safe custody (NCSC). The short code (8PSG) of the converting ETF will remain unchanged but the ISIN will change. The new ISIN is IE00B579F325.

Converting ETC:

Invesco Physical Markets Plc ISIN old ISIN new Xetra short code
Invesco Physical Gold ETC DE000A1MECS1 IE00B579F325 8PSG

The converting ETC will remain CCP-eligible. Settlement of the converted ETC will take place on a Clearstream Banking Frankfurt International (“CBF-I”) 6-series account with settlement location “CBL”. Trade confirmations, reports and contract notes will display “7525” as counterparty’s KV number and counterparty’s settlement account. The settlement account of Eurex Clearing will be “67525”.

Further information

Recipients:All Xetra® Members and Vendors
Target groups:Traders, Clearing, Security Adminstrators, General
Contact:Institutional Sales,
Authorised by:Michael Krogmann, Dagmar Wojcik (on behalf of the Management Board)

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