Madoff Securities International Limited Default

Below you will find some information regarding the default of Madoff Securities International Limited (“Madoff Securities”), which was declared at 16:00 hours on Wednesday 20 May 2009. The Exchange completed its default procedures with respect to Madoff Securities on 22 December 2009. Interested parties should refer to the Current Status section below.

Provisional Liquidator Information
Specified partners within the firm of Grant Thornton UK LLP ("Grant Thornton ") are the Provisional Liquidator for Madoff Securities.
 
Current Status
This page will be updated as the default process develops.

Rules
Download the rules of the London Stock Exchange

Ceasing of Settlement
The Exchange's guidance in relation to settlement.

Member Firms
The Exchange's guidance in relation to member firms.

Non-Members
The Exchange's guidance in relation to non-member firms and their custodians.

Lending Arrangements
The Exchange's guidance in relation to counterparty details.

Hammer Prices
The Exchange's guidance in relation to hammer prices.

Contact details
Default Official - Nick Bayley +44 20 7797 4214 (STX 34214) defaultofficial@londonstockexchange.com

Deputy Default Official - Tim Rowe + 44 20 7797 3468 (STX 33468) trowe@londonstockexchange.com

Downloads
N35/09 - Madoff Securities International Limited – In Default – Hammer prices updated – Version 2 dated 3 August 2009
N34/09 - Madoff Securities International Limited – In Default –Termination of membership
N32/09 - Madoff Securities International Limited – In Default – Data reconciliation and net amount certificate process - Next steps
Attachment 1 N32/09 
N28/09 - Madoff Securities International Limited – In Default – Fixing of Hammer Prices
N27/09 - Madoff Securities International Limited - In Default - Application of default rules and submission of unsettled trade and loan details by counterparties
N25/09 - Declaration of Default - Madoff Securities International Limited