INTEBOLSA offers a new functionality in the Investment Funds System – order routing, allowing Fund Managers to directly confirm/reject the operations of subscription/redemption.
This new feature allows also Custodian/ Settlement Entities to be able to monitor the entire subscription and redemption process, including the financial settlement, whenever it occurs in their cash accounts (DCA).
To properly accommodate this amendment, INTERBOLSA revoked INTERBOLSA Circular 1/2017 and replaced it by INTERBOLSA Circular 1/2019, as well as amended the INTERBOLSA Timetables Notice.