Auto Partial Settlement (APS) in Euroclear Sweden

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Circular No.    LCH Circular No: 4059
Date:    11 November 2019
To:    All LCH Ltd EquityClear Clearing Members

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Dear Member,

 

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).

Yours sincerely,

Alex Krunic, Head of Equities, LCH Ltd