Common Contracts
1 similar Sponsorship Agreement contracts
Sponsorship Agreement Terms and ConditionsSponsorship Agreement • December 19th, 2020
Except for a very few financial products traded on the ASX’s Integrated Trading System (ITS), holdings of financial products are held in uncertificated, electronic form. Each ASX listed company or other financial product issuer has a Register of holders. Each Register is made up of an Issuer Sponsored Sub-register and a Participant Sponsored Sub-register. All holdings of ITS traded financial products must be sponsored by either means. You have a choice of holding those products in electronic form sponsored by the Issuer of the product (i.e. Issuer Sponsored) or by a CHESS Participant (i.e. Participant Sponsored). CHESS is the Clearing House Electronic Sub-register System and is the infrastructure ASX Group Settlement Participants, such as ourselves, use to control and administer Sponsored Client holdings. Hence the reference to CHESS Sponsorship. We are a CHESS Participant and sponsor client holdings on CHESS.
