LCH Ltd EquityClear to clear BlockMatch MTF
|
Circular No. |
LCH Circular No 3922 |
|
Service Circular No. |
EquityClear Circular No 77 |
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Date |
20th December 2017 |
|
To: |
All EquityClear Ltd Members |
Dear Member,
We are delighted to inform you that LCH Limited will provide clearing services for the Multilateral Trading Facility, Instinet BlockMatch®.
BlockMatch is a Multilateral Trading Facility operated by Instinet Europe Limited, which is authorised and regulated by the UK Financial Conduct Authority and is subject to (inter alia) Regulation (EU) No. 600/2014 and Directive 2014/65/EU. The launch date for new subscribers will be 3 January 2018.
This is an important step in our continued efforts to expand our venue and market coverage and to bring further netting and cost efficiencies to EquityClear members.
If members wish to test the BlockMatch service or require further information relating to interoperability and venue coverage,
please contact:
Tim Beckwith Tel: + 44 (0) 207 426 7276
Email: tim.beckwith@lch.com
Or
Ian Mackenzie Tel: + 44 (0) 20 7426 7265
Email: ian.mackenzie@lch.com