From 22 January 2010, LCH.Clearnet Ltd will offer clearing services to BATS Europe, the service will cover all Irish securities.
BATS Europe, a European multilateral trading facility (MTF), is owned by BATS Global Markets, the third largest securities exchange in the world by notional value traded. BATS Europe supports trading in the most liquid securities across Europe.
LCH.Clearnet offers clearing services to participants of BATS Europe through its EquityClear® service, whereby Clearing Members will benefit from margin offsets and collateral efficiencies from centralised clearing.Also members will benefit from reduced clearing costs with increased volumes through the member specific incremental tariff.
For further information relating to products and services BATS Europe offer please access their website. www.batstrading.co.uk
Section 2D - EquityClear and EquityClear for SIX Swiss Exchange
11 February - Margin Parameters - Cash
08 February - LCH.Clearnet and SIX x-clear publish interoperability summary
29 January - Cash Markets
31 December - SecFinex
09 December - LCH.Clearnet to clear Irish Securities for BATS Europe
Ian MacKenzie - Customer Relationship Manager
Tel: + 44 (0)20 7426 7265
e-mail: ian.mackenzie@lchclearnet.com
Wayne Eagle - Director, EquityClear
Tel: + 44 (0)20 7426 7038
e-mail: wayne.eagle@lchclearnet.com