LCH. Clearnet is to begin offering clearing clearing services for Spanish securities executed on BATS Chi-X, Turquoise and Traiana from Monday 7 September 2015, subject to regulatory approval. The new service, which introduces interoperability for the market segment will operate under the existing Title V settlement framework until the revised dates have been published by Iberclear for the introduction of the “Spanish Market Reform”.
LCH.Clearnet is seeking regulatory approval to allow it to begin providing clearing services for Spanish securities traded on BATS Chi-X, Traiana, and Turquoise. Should it gain the necessary approval, this service will be offered from 7th September.