Strate Settlement Models PRESENTED BY: Monica Singer

Settlement Principles Types of transactions – Debt Instruments  Standard transactions – T + 3  Non-Standard transactions (does not adhere to the T+3 cycle)  Forward Dated transactions  Debt Instruments – Settlement runs (1 15h00) SFIDvP Equity On-market Trades – BIS Model 3 (Net Securities & Cash) Equity Off-market Trades – BIS Model 2 (Gross Securities & Net Cash) Multiple Settlement runs:-First 07h30 Final 15h00 Money Market – T+ 0 – BIS Model 1 (Gross Securities and Cash) Money Market – Real time Settlement Fund Central Bank (SAMOS) within 30 minutes

Equities – Generic Corporate Actions Timelines LDT model eliminates Market Claims

Debt Instruments - Capital Events (Asset Servicing) The types of Debt Instrument Capital Events have been broken down into the following categories: Interest payments  Based on the Nominal value of a Debt Instrument security Full Redemptions  Full return of securities to the Issuer in exchange for a cash value Capital Repayments/Partial Redemptions  Partial return of the securities to the Issuer in exchange for a cash value Splitting  A long term government bond with three consecutive redemption dates Stripping  Coupon stripping is the process of separating the coupons of a bond from the principal as well as separating each coupon payment from each other Beneficial Disclosure (Weekly, Monthly)  Reflects the details of dematerialised shareholders register of members

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