| Market: | Paris |
| Products: | Cash |
| Date: | 04 January 2008 |
Foreign Currency Settlement
Settlement in Non-Euro currency (USD dollar) - Reminder
We would like to remind you that testing for the project “settlement in Non-euro currency” began on 3 January 2008.
We would like you to focus on the following points:
List and group of securities dedicated to the test
| Group/Instrument | ISIN code (trading code) |
| AMSTERDAM
SHARES FOREIGN CURRENCIES CONTINUOUS (JE) | GB00B13BNQ35
KKR PEI |
| BRUSSELS
SHARES FOREIGN CURRENCIES CONTINUOUS (AB) | LU0043669216
ASIAN CAPITAL HOLD |
| PARIS
SHARES FOREIGN CURRENCIES CONTINUOUS (50) | LU0237485098
WP STEWART HOLD FD |
Testing platform
Since 3 January 2008, these instruments are available on the testing platforms (Nyse Euronext, LCH.Clearnet and Euroclear Bank) in order to allow members to carry out free tests (full chain of trading, clearing and settlement). Testing is not mandatory but recommended especially if the internal processes of clearing members require updates. To prepare the appropriate testing LCH.Clearnet assistance, please, let us know by return email if your intention to enter the testing phase.
Membership process
Regarding tests, Clearing members who decide to clear the Trading member positions are requested to provide LCH.Clearnet with the account structure that they intend to use in Euroclear Bank (Clearing members may have their settlement account at Euroclear Bank or use a settlement agent with the Euroclear Bank account).
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
Or
Your local relationship manager.