LCH Ltd EquityClear service extension
Circular No. |
LCH Circular No 4026 |
Date: |
20th May 2019 |
To: |
All LCH Ltd EquityClear Clearing Members |
Dear Member
We are pleased to advise that our LCH Ltd EquityClear service will extend its clearing services in line with the expansion of Nasdaq Nordic markets to include:
- Nasdaq Stockholm regulated market to include shares in the Small Cap segment,
- First North Sweden - all shares
- First North Finland - all shares
- First North Denmark - all shares
From Monday June 3, 2019, all shares traded on First North markets in Stockholm, Helsinki and Copenhagen, will be cleared in the same way as the regulated markets using operating MICs XSTO for trades on First North Sweden, XHEL for trades on First North Finland and XCSE for trades on First North Denmark.
All additional business will be included in existing EquityClear reports.
Clearing arrangements are on an interoperable basis.
This is another important step as we continue to expand our venues and markets coverage, bringing further netting and cost efficiencies to our EquityClear members and their clients.
For further information please contact Ian Mackenzie Tel: +44 (0) 7426 7265 email: ian.mackenzie@lch.com
Yours Sincerely
Alex Krunic, Head of Equities, LCH Ltd