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Originating department:Commercial Services
Company Circular No:LCH.Clearnet Ltd Circular No 2900
 Service Circular No:EquityClear Circular No 190
Date:07 July 2011
To:All EquityClear Clearing Members

EquityClear service - change to member report 

Dear Member,

From 1 August 2011 members clearing Depositary Receipts and settling net will benefit from one net settlement across all trade venues.

Please be advised that there will be a change to our member report EREP0005 Netting Net Trades for Settlement, where the Trade Place will change from XIOB to CLCH. Euroclear Bank settlement confirmations will also reflect CLCH.

Members requiring further information should contact Ian Mackenzie on Tel: 020 7426 7265 or ian.mackenzie@lchclearnet.com

Yours sincerely,

 

Wayne Eagle
Executive Director, LCH.Clearnet EquityClear