| Originating department: | Commercial Services |
| Company Circular No: | LCH.Clearnet Ltd Circular No: 2172 |
| Date: | 10 August 2007 |
| To: | All LCH.Clearnet Limited Members |
LCH.Clearnet Ltd ABS system decommissioning
As Members will be aware LCH.Clearnet Ltd will cease supporting ABS as of August 2007. Members have been contacted individually and via a market notice issued on 12th June 2007. The system will be decommissioned by the end of August 2007 including all outstanding brokerage.
Member/users are advised that, in line with normal operational procedures, the timetable for August 2007 is therefore:
| Action | Date |
| Last day of amendment Period | 09 August 2007 |
| Brokerage Closes | 10 August 2007 |
| Payments Taken | 13 August 2007 |
| Payments Credited | 17 August 2007 |
| View and Download details until | 31 August 2007 |
From 01 September 2007, ABS will be decommissioned resulting in Member-Users being unable to view, read, or access ABS. Data will however be archived and if required, can be retrieved in raw data format only upon receipt of a request from the Member-User. Please be advised that fees may apply to retrieving archive information depending on information required.
Please do not hesitate to contact either Martin West, or Richard Heyman should you have any questions or queries regarding this.
Martin West martin.west@lchclearnet.com
+(44) 207 7426 7089
Richard Heyman richard.heyman@lchclearnet.com
+(44) 207 7426 7293