LCH Ltd, EquityClear settlement priority improvement
LCH Circular No 3909
Service Circular No.
EquityClear Circular No 73
29th November 2017
All LCH Ltd EquityClear members
LCH Ltd EquityClear is delighted to inform our members that from trade date Tuesday 5th December our Equity settlements will receive the highest priority (Priority 2) for settlement in the following T2S CSDs:
- Euroclear France
- Euroclear Belgium
- Euroclear Netherlands
Please note, there will not be any changes to the existing LCH SSIs for these markets.
The addition of these three Euroclear CSDs extends the existing top priority settlement already received at Monte Titoli & Iberclear.
We hope to confirm the increased priority for deliveries from Clearstream Banking Frankfurt in the near future. This will require a change in SSIs, so we will provide at least one month notice of account migration to members.
These changes are part of the continuing programme of improvements EquityClear is delivering to assist our members in optimising efficiencies for their Equities businesses
If you require further information, please contact either: