Clearstream Banking informs clients that from trade date 3 March 2025 LCH Ltd (LCH) EquityClear intends to start settling ICSD-issued Exchange Traded Products (ETPs) directly in Clearstream Banking S.A. (CBL) (using its own account 85068) for settlement with counterparties that have CBL or CBF-i accounts.
Any in-flight settlements with a trade date prior to the above date will be settled via LCH’s settlement agent (under account 64449), as they are today.
Several securities traded on various exchanges and Multilateral Trading Facilities (MTFs) settle in CBL. These include inter alia ICSD-issued Exchange Traded Products (ETPs), such as Exchange-Traded Funds (ETFs), Exchange-Traded Notes (ETNs) and Exchange-Traded Commodities (ETCs).
Clearing members with CBL or CBF-i accounts who are providing LCH with a Power of Attorney (PoA), should complete a PoA.
Clearing members that are providing LCH with a PoA, must send…
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