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Instinet Europe Limited (Instinet) is the first client to leverage the new joint Clearstream and LCH Ltd EquityClear solution. This provides capability across all products listed on London Stock Exchange’s International Order Book (IOB), and subsequently exchange-traded products (ETPs), such as exchange-traded funds (ETFs), exchange-traded notes (ETNs) and exchange-traded commodities (ETCs) that are listed on the exchange’s ETP trading service. It means Instinet can now settle for its clients through Clearstream’s international central securities depository (ICSD).
By using this new LCH Ltd/Clearstream post-trade connection, Instinet benefits from operational risk reduction and increased market efficiency throughout European markets. Being able to consolidate different...
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