Please be informed, that there was an incorrect USD PAI calculation in our Production system on 28.11.2019, which was an USD Holiday (Thanksgiving).
On Wednesday 27.11.2019 the USD PAI was calculated for two days and instructed with Settlement Date 29.11.2019, because of the USD Holiday on 28.11.2019.
On the next Business Day, 28.11.2019, an USD PAI was calculated again for one day with Settlement Date 29.11.2019, which is incorrect and must be amended.
In order to correct the USD PAI amount, which should have been 0 for Business Day 28.11.2019, we will instruct correction bookings (on Collateral Pool Level) with either Transaction Type 251 OTC Adaptation PAID (in case of a debit instruction) or 252 OTC Adaptation RECEIVED (in case of a credit instruction).
We will instruct the correction bookings on Tuesday, 03.12.2019, with Settlement Date on Wednesday, 04.12.2019.
We apologize for any inconvenience caused.
In case more detailed information is required or you have any questions, please do not hesitate to contact our OTCClear Team (phone: +49-69-211 12828 / e-mail: otcclear@eurexclearing.com).
