| Market: | SmartPool |
| Products: | Cash |
| Date: | 16 July 2008 |
Clearing SMARTPOOL
SmartPool is new MTF market providing a dark pool for the execution of large institutional orders on pan-European stocks. SmartPool is scheduled to go-live at the end of September 2008.
LCH.Clearnet SA will clear SmartPool transactions for securities quoted on NYSE.Euronext markets.
Following communications regarding the project and specification (26 May, 24 June) LCH.Clearnet is pleased to announce publication of the following documents:
Service Offer
The Service Offer relating to the new SmartPool market is attached to this Info Flash and can also be found at the web address below.
Membership Extension Forms
Existing LCH.Clearnet SA clearing members interested in this new service, both on their own account or on behalf of clients, need to obtain an extension to their membership to cover the SmartPool segment. A fast-track process has been created; please complete and return the attached membership intension form before the end of August to ensure membership compliance for the go-live.
Testing Guide
LCH.Clearnet SA would like to remind you of the dates for the testing period for the SmartPool project: from 7 August until 12 September 2008.
The Testing Guide describing the goals, scope and schedule of the tests is attached to this Info Flash and can also be found at the web address below.
All of the documents mentioned above are available at the following address on our website:
http://www.lchclearnet.com/projects/smartpool/smartpool_documents.asp
For further information, please contact your LCH.Clearnet SA Product Implementation manager:
Tom Badman: +33 (0) 1 70 37 67 69 – tom.badman@lchclearnet.com
or
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