Reporting and matching unlisted bond transactions

Strate has introduced an alternative digital access point for the reporting and matching of unlisted bond transactions and call bond transactions.

 

The new user-friendly platform provides custody, settlement and corporate action processes (coupons and redemptions) to the unlisted bond market. The platform can also facilitate the trade reporting of call bonds.

 

Users can directly report unlisted bond transactions to Strate for settlement purposes via the digital access point, which reduces risk and increases efficiency. Strate’s infrastructure allows for digital record keeping, which provides asset security. The platform offers an automated coupon and redemptions process that distributes these benefits seamlessly and timeously.

The platform went live on 18 November 2019.

For more information, please email unlistedsecurities@strate.co.za

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