Auto Partial Settlement (APS) in Euroclear Sweden
Circular No. LCH Circular No: 4059
Date: 11 November 2019
To: All LCH Ltd EquityClear Clearing Members
Further to the LCH Ltd (LCH) EquityClear circular number 4038, dated 9 August 2019, the Go-Live Date of the new APS Functionality offered by Euroclear Sweden will be Monday 18 November 2019.
We request our EquityClear members (and, where relevant, their clients) to:
- discuss the APS Functionality with their settlement agents and Euroclear Sweden; and
- ensure that they use the appropriate partial settlement option and account settings, to enable use of the APS Functionality within Euroclear Sweden from the Go-Live Date.
If you require additional information, please contact EquityClear Operations (Email: EquityClear.Ops.Uk@lch.com; Telephone: +44 (0) 20 7426 7601).
Alex Krunic, Head of Equities, LCH Ltd