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Cross-settlement channel matching is a special feature for PSET. If either party submits CEDELULL (Clearstream Banking) and the counterparty submits MGTCBEBE (Euroclear) in the PSET field, the CTM platform does the following:

  • L2 successfully matches
  • Sets the FieldLevelMatchStatus to MATCHED (MACH)

 

Matching is also successful when the two parties submit the same values.

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