Changes to EquityClear Settlement Instructions in Finland and Denmark

Report date
Summary

Circular No.

 LCH Circular No 3674

Service Circular No.

EquityClear Circular No 38

Date:

 2nd November 2015

Body

Dear Member

We refer to EquityClear circular 37 issued on 26th October, advising changes to our Swedish settlement instructions:

We would like to advise you that the LCH.Clearnet Ltd EquityClear service will soon be operating a new settlement account for all cash equity settlements in Finland and Denmark.

From trade date 16th November 2015, all Finnish and Danish settlement instructions must contain our new settlement details.

Our new settlement account details will be:

Finland:

Settlement Agent: Nordea Bank Finland
Account Name BIC: LCHLGB2E (matching BIC)

Denmark:

Settlement Agent: Nordea Denmark
Settlement Agent Bic: NDEADKKK
CSD Account No: VPDK/17800
Account Name BIC: LCHLGB2E (matching BIC)

To settle against LCH.Clearnet Ltd for Finnish and Danish settlements from the trade date above it will be necessary for Clearing Members or their settlement agents to match using the new settlement account details.

All settlement instructions prior to the above trade date will settle using our existing settlement arrangements.

If you require further information please contact Ian Mackenzie email: ian.mackenzie@lchclearnet.com  or Tel: +44 (0) 20 7426 7265

Yours Sincerely

Vikesh Patel, COO Equities, LCH.Clearnet.