Cross Border Services Newsletter
Settle SIX Swiss Exchange trades via Clearstream
Keeping it simple for you Just choose what you need
Clearstream’s Cross Border Services are making it Our stock exchange settlement service is seamlessly easy for you: trades executed at the Swiss exchange integrated with SIX Swiss Exchange and SIX x-clear can now be settled via Clearstream. offering further choice especially in regard to the automation of the full transaction lifecycle: How does it work? It’s simple: just open a sub- release stock exchange transactions to be account and then leverage your existing CASCADE included in the netting process connectivity system. realign securities positions between your main and sub-account Cross Border Services: participate to an automated securities fails provides settlement in CHF central bank money lending service. provides comprehensive asset servicing, and supports all market specifics including “splitting”. Just decide how many of our automated services offerings you would like – it’s your choice.
Swiss market overview Cross Border Services solution
SIX Group Settlement of Swiss Stock Exchange trades via Trading link a segregated Clearstream Banking Frankfurt SIX Swiss sub-account Exchange Same cash clearing process in CHF central CCP bank money via Swiss National Bank for exchange and OTC business Clearing link SIX Instructions can be released for netting via: Customer x-clear – CASCADE Online Non-CCP – File transfer / SWIFT MT 530 SE / OTC Settlement – MQ series CSD link Clearstream Full range of custody services SIX SIS Banking Frankfurt Option to choose automated services: – securities lending and borrowing – realignment between your main and T+3 market sub-account Trade date netting Splitting of delivery instructions supported. Standing instructions allow for automated release of stock exchange trades for netting. 2 Cross Border Services – Newsletter
The future starts now
The future – more than ever before – will be about Beyond Switzerland, stock exchange settlement will improving cross-border settlement efficiencies in be offered for the Austrian market in 2010 and for support of a globalised trading environment. the markets Belgium, France and the Netherlands in 2011. Other markets will soon follow with a step-wise Whichever trading or clearing location you work coverage of the main European equity markets by 2012. with, Cross Border Services will support you. Cross Border Services enables you to leverage your In addition to the domestic stock exchange, Cross business relationship with Clearstream Banking Border Services will provide settlement facilities for Frankfurt and enjoy the full range of settlement and Xetra International Market and multilateral trading asset servicing for core European markets. platforms including Chi-X.
Belgium, France, Cross Border Services – Services per market Austria1 Switzerland1 Netherlands2 Trading locations supported Domestic stock exchanges Vienna Stock Exchange SIX Swiss Exchange NYSE Euronext Multilateral Trading Facilities Chi-X Chi-X Chi-X Xetra International Market ✓ ✓ ✓ Settlement Services Processing in central bank money Eligible currencies EUR CHF EUR Securities lending ✓ ✓ ✓ Asset Servicing Comprehensive and ISO 15022 compliant
1 Delivery during 2010. 2 Planned for 2011.
Contacts Clearstream Banking AG London Representative Office Neue Börsenstraße 1 One Canada Square, Floor 42 Please contact your relationship manager 60487 Frankfurt/Main – Germany Canary Wharf for more details on the existing palette Phone +49-(0)69-211-13750 London of services and markets. E14 RDR Clearstream Banking SA United Kingdom 42 Avenue JF Kennedy Phone +44-(0)20-7862-7020 L-1855 Luxembourg – Luxembourg 06.10 / Phone +352-24-36958 www.clearstream.com 6537