| Market: | All |
| Products: | All |
| Date: | 19 February 2008 |
TARGET 2 Project and LCH.Clearnet
LCH.Clearnet margin calls in TARGET 2
LCH.Clearnet would like to announce that its TARGET 2 migration is now completed.
Bank guarantees and margin calls were performed successfully this morning, in line with the new timeframe harmonization.
The margin calls were sent to the TARGET 2 Single Shared Platform and all LCH.Clearnet members are settling their margin calls by using their TARGET 2 RTGS account or the one of their Paying Agent.
LCH.Clearnet would like to thank again members for their yesterday cooperation.
Note:
LCH.Clearnet would like to remind you that if you want to implement the functionality that allows to split your clients’ flows by using the field 72 of MT900 and MT910 messages, you should provide us with your clients BIC codes published in the Swift BIC directory.
For further information, please contact:
your LCH.Clearnet SA product implementation manager:
Julian Booker: +33 (0) 1 70 37 65 72 – julian.booker@lchclearnet.com
or
your local relationship manager