With effect from the close of business on Wednesday 21 April 2004 Mako Global Derivatives Ltd ("Mako" or "the firm") will no longer have a Model B arrangement in place with Fortis Clearing London Limited. Any outstanding positions will continue to be settled under CREST code 573.
With effect from the start of business on Thursday 22 April 2004 the firm will commence using a Model A settlement arrangement with Goldman Sachs International. All new business executed from this date will settle under the new CREST code 303 as highlighted in bold below
The firm will continue to act in a principal capacity in UK domestic securities and will continue to have access to the SETS order book.
Firm Code | Member ID | Member Mnemonic | CREST Code | Euroclear Bank Code | DTC Code | Notes |
---|---|---|---|---|---|---|
528 | MAKOGB21 | MAKO | 303 | UK Domestic Securities and SETS |