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Originating department:Commercial Services
Company Circular No:LCH.Clearnet Ltd Circular No 2994
 Service Circular No:EquityClear Circular No 198
Date:06 October 2011
To:All EquityClear Clearing Members

EquityClear service extension to include Turquoise

Dear Member,

We are pleased to announce that from November 2011, we intend to offer clearing services for Turquoise, across all interoperable ISINís subject to regulatory approval.

Clearing members can benefit from full margin off-sets across all equity trading venues. Furthermore, clearing members choosing us to clear both BATS & Turquoise transactions, may benefit from a single settlement across multiple trading venues.

With no additional cost to use the EquityClear service and our volume discounted tariff, clearing members could clear this additional business for free.

If you would like to test, or you require further information please contact Ian Mackenzie: Tel: 020 7426 7265 ian.mackenzie@lchclearnet.com

 

Yours sincerely
Wayne Eagle, Executive Director, LCH.Clearnet EquityClear