LCH Ltd EquityClear - Irish securities migration

Dear Member

Further to LCH Ltd (“LCH”) circular number 4135 sent on 18 January 2021, LCH reminds members that the migration of the settlement of certain Irish securities from Euroclear UK and Ireland to Euroclear Bank is scheduled to commence on and from trade date, Monday 15 March 2021 (with the migration of the remaining Irish securities in approximately June 2021).  

Irish securities, which have migrated to Euroclear Bank, traded on an MTF in the Euronext line of stock and cleared by LCH will settle in Euroclear Bank. A fee of €1.75 per settlement will apply for settlements in these securities.

If you have any questions or require further information, please contact the Securities Client Services Team securitiesclientserviceLTD@lch.com.

Yours Sincerely

Alex Krunic, Head of Equities LCH Ltd