| Market: | SmartPool |
| Products: | Cash Equity |
| Date: | 26 May 2008 |
SMARTPOOL – Project announcement
Announcement
Beginning of May 2008, SmartPool, a pan-European block trading platform created by Nyse-Euronext, HSBC and BNP Paribas announced its partnership with LCH.Clearnet SA.
SmartPool as a multilateral trading facility (MTF) will provide a dark pool to the market for the execution of large institutional orders in stocks from 14 European countries.
LCH.Clearnet SA will offer its full-CCP services for equities traded on SmartPool and listed on the four Nyse-Euronext markets (Paris, Amsterdam, Brussels and Lisbon).
SmartPool’s announcement set the target to deliver its trading platform after the summer 2008.
The important number of market projects to be delivered in the second half of 2008 compels LCH.Clearnet to anticipate member’s interest and participation in this project.
Therefore we would like members interested in clearing this new platform to contact us for further information and, if possible, to send us their contacts for this project with the attached form.
Full detailed specifications, planning and service offer will be available in the first half of June 2008.
For further information, please contact your LCH.Clearnet SA Product Implementation manager:
François Marton : +33 (0) 1 70 37 67 54 – francois.marton@lchclearnet.com
or
your local Relationship Manager
Customer and Market Management LCH.Clearnet SA