EquityClear - UK settlements in Euroclear UK and Ireland
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Circular No. |
LCH Circular No 3697 |
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Service Circular No. |
EquityClear Circular 44 |
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Date: |
2nd February 2016 |
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To: |
All LCH.Clearnet Ltd Members |
Dear Member
We would like to inform you of a change to the way we invoice members for their settlements in Euroclear UK and Ireland.
Currently LCH.Clearnet Ltd provides within the EquityClear monthly invoice two settlement related items for billing purposes.
EUI Central Creation Fee
EUI Settlement Fee
From 1st March 2016, in line with other EquityClear settlement locations, the settlement related invoice will contain a single item for billing purposes.
Settlement Fee – UK settlements
This change will not affect the cost of settlement in Euroclear UK and Ireland, the cost will remain at 70p per settlement.
Please see all EquityClear related costs
EquityClear Fees
If you require additional information relating to the EquityClear service please contact:
Ian Mackenzie Tel: +44 (0) 20 7426 7265,
Email: ian.mackenzie@lchclearnet.com or
Tim Beckwith Tel: +44 (0) 207 426 7276,
Email: tim.beckwith@lchclearnet.com
Yours Sincerely
Vikesh Patel, COO, Equities LCH.Clearnet.