The IOB Clearing (Phase 1), Outline Service and Technical Description provides an overview of the CCP service in operation for the electronic executions of the most liquid IOB securities. A manual buyer protection election service is operated by LCH.Clearnet for IOB corporate actions. To activate an election in a specific corporate action (currently at no cost) requires the submission of a Buyer Election Notice to LCH.Clearnet. This can be found as Appendix 2D.F of Section 2D at the following link: http://www.lchclearnet.com/rules_and_regulations/ltd/default.asp
All member firms that wish to trade electronically on the IOB are required to complete an IOB Static Data Form and submit it to the London Stock Exchange. Completed forms should be submitted to: email@example.com. For assistance, please contact the Client Implementation Team on +44 (0)20 7797 3232.
You may require assistance from your settlement provider and/or GCM to complete the relevant sections of the Static Data Form:
All IOB trading participants are requited to have a direct or indirect relationship with LCH.Clearnet Ltd. The LCH.Clearnet Membership Team can be contacted on +44 (0)20 7426 7063.
A Euroclear RG448 Power of Attorney form needs to be completed and returned to Euroclear Bank, by the member firm or its settlement provider for each participant account within Euroclear Bank. Forms must be returned to Euroclear Bank by the member firm or its settlement provider before access to IOB is granted. Please contact Nicolas Landman at Euroclear Bank on +32 (0)2326 2757 for assistance.
The Exchange accepts no responsibility for the content of the website you are now accessing or for any reliance placed by you or any person on the information contained on it.
By allowing this link the Exchange does not intend in any country, directly or indirectly, to solicit business or offer any securities to any person.
You will be redirected in five seconds.
You are accessing the London Stock Exchange Annual Report Service powered by PrecisionIR.
The Exchange accepts no responsibility for the content of the reports you are now accessing or for any reliance placed by you or any person on the information contained therein.
You will be redirected in five seconds