Settlement: Change of CSD of reference in ESES for selected Euroclear UK & International (EUI) issued securities
Reference
Clearstream1 informs clients of a Euronext market infrastructure change affecting 16 securities issued through Euroclear UK & International (EUI) effective
23 July 2026
Background
Euronext and the ESES CSDs are implementing changes to the settlement setup of certain securities.
To support this initiative, the CSD of Reference for the securities listed in this announcement will migrate from Euroclear Nederland (ENL) to Euroclear France (EF) on the above effective date.
Impact on clients
From the effective date, settlement instructions for the securities listed in the below table must be settled through Euroclear France (SICVFRPPXXX via Dep 23 PARBFRPP) instead of Euroclear Nederland (NECINL2AXXX via Dep 2N PARBFRPP).
Detailed instructions formats can be found on the website under Settlement services - France.
This change only affects the Remote Common Codes (RCC) currently under Dep 2N (Netherlands), which will become RCC under Dep 23 (France).
Asset servicing and settlement in the Home Common Code, will remain unchanged. Asset servicing for the impacted securities in the Remote Market will follow the new CSD of Reference (Euroclear France).
Clients are requested to review their settlement, custody and reporting arrangements in advance of the migration to ensure operational readiness.
Securities in scope of this migration
Key migration dates, timeline and details
Home ISIN | RCC on Dep 2N listed under Euroclear Nederland | RCC on Dep 23 listed under Euroclear France | Issuer |
JE00B1VS2W53 | 034313725 | Same RCC | WT Metal Securities Ltd |
JE00B1VS3002 | 044061970 | Same RCC | WT Metal Securities Ltd |
JE00B1VS3333 | 030969359 | Same RCC | WT Metal Securities Ltd |
JE00B1VS3770 | 034581215 | Same RCC | WT Metal Securities Ltd |
JE00B1VS3W29 | 035293124 | Same RCC | WT Metal Securities Ltd |
JE00B24DKC09 | 156203254 | Same RCC | WT Commodity Securities |
JE00B24DKK82 | 124056829 | Same RCC | WT Commodity Securities |
JE00B2NFTL95 | 132806225 | Same RCC | WT Commodity Securities |
JE00B2NFTS64 | 111445150 | Same RCC | WT Commodity Securities |
JE00B3KNMS14 | 153982961 | Same RCC | WisdomTree Foreign Exchange Ltd |
JE00B3MWC642 | 154718583 | Same RCC | WisdomTree Foreign Exchange Ltd |
JE00B3QQ4551 | 112276033 | Same RCC | WisdomTree Foreign Exchange Ltd |
JE00B3T3K772 | 188621155 | Same RCC | WisdomTree Foreign Exchange Ltd |
JE00B3WDZY68 | 147760191 | Same RCC | WisdomTree Foreign Exchange Ltd |
JE00B44CBN95 | 147760094 | Same RCC | WisdomTree Foreign Exchange Ltd |
JE00B588CD74 | 168965435 | Same RCC | WT Metal Securities Ltd |
Date | Migration event details |
22 July 2026 – 12:00 CET | Recommended deadline to resolve unmatched or unsettled instructions |
22 July 2026 – 12:00 to 18:00 CET | Settlement restriction period |
22 July 2026 – approximately 18:45 CET | Revalidation process; failing instructions may be cancelled |
23 July 2026 | Effective date of the migration to Euroclear France |
Actions required
Clients are required to:
- Review holdings and settlement activity in the impacted securities;
- Resolve any unmatched or unsettled settlement instructions prior to the migration where possible;
- Remember that future instructions from 23 July 2026 on those ISINs will be routed to EF and no longer ENL, and therefore should follow the Market Link Guide - France, dep 23:
:95P::PSET//SICVFRPP - Assess any impact on reconciliation, reporting and corporate action processing.
Further Information
For further information, please contact Clearstream Client Services or your Relationship Manager.
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1. Clearstream refers collectively to Clearstream Banking S.A., registered office at 42, avenue John F. Kennedy, L-1855 Luxembourg, and registered with the Luxembourg Trade and Companies Register under number B-9248, and Clearstream Europe AG (for Clearstream Europe AG clients using 6-series accounts), registered office at 61, Mergenthalerallee, 65760 Eschborn, Germany and registered in Register B of the Amtsgericht Frankfurt am Main, Germany under number HRB 7500.
Clearstream Banking S.A. is registered as an Australian CS (Overseas) Facility, under subsection 824B(2) of the Corporations Act 2001, with registration number ARBN 675 244 783.