With effect from 6 March 2000 Monument Derivatives Limited ("Monument") will no longer clear its London Stock Exchange business through MeesPierson ICS Limited. From 6 March 2000, Monument's customer business in UK equities and traditional options and its market making business in traditional options transactions, will be cleared through Credit Lyonnais Rouse Limited ("CLR") under a Model A agreement.
From 6 March 2000, Monument's principal business in UK equities will be cleared through Credit Lyonnais Securities ("CLS") under a Model B arrangement.
Additional firm, BIC and SEAQ codes have been issued for some of the business undertaken by Monument. All the relevant codes appear below, with the new codes shown in bold.
Monument acts as a broker dealer in a principal capacity and has access to the electronic order book.
Details are as follows:
|Firm Code||Member ID||Member Mnemonic||CREST Code||Euroclear Bank Code||DTC Code||Notes|
|503||MONDGB21||MOND||503||Agency business in UK equities|
|503||MONDGB21||MOND||50301||Agency business in traditional options|
|504||MODEGB31||MODE||50401||Market making in traditional options|
|504||MODEGB21||MDLO||504||Principal business in UK equities|