| Market: | Paris |
| Products: | Cash |
| Date: | 21 December 2007 |
Foreign Currency Settlement
Settlement in US dollars for Euronext Paris
LCH.Clearnet is pleased to relay the Euronext’s communication on the foreign currency settlement project.
Please find hereafter the procedure to set-up a settlement solution in Euroclear Bank for Members who would like to access to this service:
- Contact Euroclear bank to open an account:
- French location: Philippe Bertholle +33 1 55 34 55 46 philippe.bertholle@euroclear.com
- Belgium location: Geert Desmedt +32 2 326 1441 geert.desmedt@euroclear.com
- Dutch location: Chris Goossens +31 20 552 1592 christian.goossens@euroclear.com
- Send all your Euroclear Bank Details or those of a third party to our Membership department: + 33 1 70 37 67 60 lchclearnetsa_membership@lchclearnet.com
- Send a power of attorney authorising LCH.Clearnet to settle non-Euro instructions on the Member’s settlement account in Euroclear Bank
- If you use a third party service settling in Euroclear Bank, please send a copy of the agreement between you and the settlement agent
In the frame of the free end-to-end testing period starting from Thursday 3 January 2008, LCH.Clearnet confirms the availability of its cash clearing test platform.
For any questions you may have, please contact your LCH.Clearnet Product Implementation managers:
Joëlle Devars: +33 1 70 37 65 85, joelle.devars@lchclearnet.com
Christophe Robert: +33 1 70 37 67 08, christophe.robert@lchclearnet.com
Or
Your local relationship manager.
Attachments
Euronext Communication (English)
Euronext Communication (French)