Market: | SmartPool |
Products: | Cash |
Date: | 16 December 2008 |
SmartPool announced the go-live of its trading services on Monday 2 February 2009.
LCH.Clearnet SA is pleased to confirm that its clearing platform is ready to accompany SmartPool on all NYSE-Euronext cash markets as soon as this new MTF is active.
Indeed, LCH.Clearnet SA will follow the deployment calendar established by SmartPool:
As a reminder, through a simple 3-step process LCH.Clearnet SA members have the opportunity to clear the SmartPool market:
LCH.Clearnet has created a fast track process for members to extend their clearing membership to the SmartPool market.
The membership extension form is available on our website with the link hereafter:
http://www.lchclearnet.com/Images/Dossier%20d'extension%20fast%20track%20SMARTPOOL_tcm6-46560.pdf
Members need to return this application form at the latest 2 weeks before their go-live.
Clearing members need to provide LCH.Clearnet SA with a copy of the updated clearing agreement signed between themselves and their trading member for the clearing of SmartPool.
This document shall contain the extension of the clearing agreement to the SmartPool market.
LCH.Clearnet SA members can carry out testing with their Trading Member Firms.
LCH.Clearnet SA and SmartPool also provide members with the possibility to run tests without Trading members. All details are available in the testing guide which can be found on our website at the following link:
http://www.lchclearnet.com/cash_equities/projects/smartpool/smartpool_documents.asp
For further information, please contact your LCH.Clearnet SA Product Implementation manager:
François Marton : +33 (0) 1 70 37 67 54 – [email protected]
or
your local Relationship Manager
Customer and Market Management LCH.Clearnet SA