LCH Ltd EquityClear – New Settlement Connection

Report date
Summary

Circular No.

LCH Circular No 4110

Date:

1st September 2020

To:

All LCH Ltd EquityClear Clearing Members

Body

Dear LCH Ltd EquityClear Clearing Member,

We would like to advise you of a new settlement connection for LCH Limited (LCH) EquityClear.

Effective immediately, EquityClear will connect to Clearstream Banking SA for settlement. Clearing members will be able to settle global depository receipts and exchange traded products traded on both London Stock Exchange and MTFs in Clearstream’s ICSD, Clearstream Banking Luxembourg (CBL). Through its account in CBL, EquityClear will support settlement directly to a CBL account of a Clearing Member.

EquityClear will retain its existing connection to Euroclear Bank for the settlement of these products.

If you require additional information, please contact Securities Client Services at securitiesclientserviceltd@lch.com.

Yours sincerely,
Alex Krunic
Head of Equities, LCH Limited