Tableau site internet
Transcription
Tableau site internet
CCPs Buy-in Notification Buy-in Date (CET Time) Application Date LCH Clearnet SA (Belgium, Portugal, Netherland, France) SD+4 SD+5 11.30 am All trades with a TD between 22/10/2012 and 24/10/2012 (included) will be bought in on 05/11/2012 in case of failing. From TD 25/10/2012 the new buy-in rule will be applicable EMCF (Denmark, Sweden, Finland) SD+4 SD+5 11.00 am All trades with trade date from 29/10/2012. Eurex (Germany) SD+4 SD+4 12.40 pm All pending trades with VD prior to the 1st November that are failing on the 1st November will be subject to the old buy-in rules, from value Date 1st November the new rule is applicable. LCH Clearnet Ltd (United Kingdom, Ireland) NA SD+4 3.00 pm All trades with a TD between 22/10/2012 and 24/10/2012 (included) will be bought in on 05/11/2012 in case of failing. From TD 25/10/2012 the new buy-in rule will be applicable CCG (Italy) SD+1 SD+5 4.00 pm All trades with a TD on 31/10/2012 will be subject to the current buy-in rule, from TD 01/11/2012 the new rule will be applicable. Oslo Clearing (Norway) SD+4 SD+7 12.30 pm All trades from Trade date 29/10/2012 X-Clear (Switzerland) Other CCPs SD+4 All trades with a TD on 31/10/2012 will be subject to the SD+5 12.00 pm current buy-in rule, from TD 01/11/2012 the new rule will be applicable. see point 1+2+3 In the aim of harmonize their buy-in rules, EMCF, Euro CCP and X-Clear will change their buy-in rules please check on their web site 1 EMCF 2 Euro CCP 3 X-clear This communication was prepared for information purposes only by Exane SA, Exane Derivatives, Exane Options, Exane Ltd and Exane Inc., being all entities of the Exane Group comprised of Exane SA and its direct and indirect subsidiaries ("Exane"). This communication is not intended for private customers, and onward distribution or reproduction, even in part, is not allowed without the express written consent of a duly authorised representative of Exane. It is not an advice or investment research or a personal recommendation. This communication is not a recommendation or offer to enter into any transaction unless otherwise stated. Any information herein are indicative and subject to change without notification, Exane bearing no duty to update the content of the above. Exane does not make any representation or warranty in relation to this communication and does not accpe tany liability in relation to the disclosure or use of this communication. Exane SA, Exane Derivatives, Exane Options, Exane Ltd and Exane Inc. are respectively authorised by the French Autorité de Contrôle Prudentiel (ACP), the UK Financial Services Authority (FSA) and the US Financial Industry Regulatory Authority (FINRA) to carry out investments services. Cette communication, purement informative, a été préparée par Exane SA, Exane Derivatives, Exane Options, Exane Ltd et d'Exane Inc., membres du Groupe Exane (constitué d'Exane SA et de ses filiales directes et indirectes ("Exane")). Cette communication n'est pas destinée à des non professionnels, et toute reproduction partielle ou intégrale sans l'accord écrit préalable d'Exane d'un représentant dûment habilité d'Exane est interdite. Cette communication ne constitue pas un conseil, une analyse financière ou une recommandation personnelle. Cette communication ne constitue pas une recommandation ou une offre de conclure une transaction quelconque, sauf stipulation expresse contraire. Cette communication est purement indicative et sujette à modification sans préavis. Exane n'a aucune obligation de mise à jour du contenu de cette communication Exane ne consent aucune déclaration quant à cette communication et n'accepte aucune responsabilité relativement à la diffusion ou l'utilisation de cette communication. Exane SA, Exane Derivatives, Exane Options, Exane Ltd and Exane Inc. sont respectivement sautorisées à fournir des services d'investissement par l'Autorité de Contrôle Prudentiel (ACP), du Financial Services Authority (FSA) britannique et de la Financial Industry Regulatory Authority (FINRA) américaine.