International: live date for the extension of CC&G’s CCP service to EuroTLX market

11.10.2013

Following our previous Announcements A13121 and A13148, please be informed that starting from Trade Date

25 November 20131

Cassa di Compensazione e Garanzia (CC&G) will activate its central counterparty (CCP) service to bonds settling in International Central Securities Depositories (ICSDs) for the trading platform (retail market) EuroTLX.

Note: For details of which instruments are guaranteed, customers of Clearstream Banking should refer to the notices issued by EuroTLX and CC&G.

Impact on customers

Customers trading on EuroTLX who are Clearing Members of CC&G or Settlement agents of a Clearing Member of CC&G are kindly requested to provide us with a new Power of Attorney (PoA) in favour of CC&G.
Customers should please contact their Relationship Officer to obtain the requisite document.

To ensure that settlement instructions sent by CC&G will be accepted on customers’ accounts, a PoA must be provided, at the latest, by the start of the above trades guaranteed by CC&G for the relevant trading platform.

Customers active on more than one platform need only provide one PoA to CC&G.

Important note

The above relates to trades guaranteed by CC&G in relation to the above-mentioned trading platforms only and does not affect the requirement of a valid power of attorney with respect to any other trades subject of the "Settlement of transactions executed on trading platforms: power of attorney services" of Clearstream Banking. The PoAs previously given by customers for the relevant trading platforms remain applicable, as CC&G does not offer guaranteed service on all the instruments traded on these markets.

Further information

For further information, customers may contact Clearstream Banking Customer Service or their Relationship Officer.

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1. Subject to the outcome of test sessions between CC&G and its members.
2. Clearstream Banking refers collectively to Clearstream Banking AG, registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500 (CBF) and Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Register of Commerce and Companies under number B-9248 (CBL).

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