With effect from the close of business on Friday 1 February 2008, Redburn Partners LLP ("Redburn" or "the firm") will cease using the Model B arrangement with Pershing Securities Ltd.
Any outstanding positions at the close of business on Friday 1 February 2008 will continue to settle through CREST code 601.
With effect from the start of business on Monday 4 February, Redburn will commence using a Model B settlement arrangement with BNP Paribas Securities Services ("BNP") using the CREST Code below in bold.
The firm acts in an agency capacity in UK domestic securities and has access to SETS. Redburn does not access the International Order Book.
|Issued by: Client Implementation Team|
|Contact: 020 7797 3232 or STX 33232|
|Issue date: 01 February 2008|
|Issue number: 2008/016|
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