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This document outlines the membership requirements, delegation of management powers, and clearing instructions for Euronext Clearing, effective from July 2024.
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Euronext clearing instructions are guidelines that detail how transactions on the Euronext exchange should be cleared and settled, including the associated documentation and processes.
Market participants, such as brokers, traders, and clearing members, engaged in transactions on the Euronext exchange are required to file clearing instructions.
To fill out Euronext clearing instructions, parties must provide accurate and complete information about the transaction, including trade details, counterparties, and settlement instructions as per the exchange's guidelines.
The purpose of Euronext clearing instructions is to ensure efficient and accurate clearing and settlement of transactions, minimizing risk and enhancing market integrity.
Information required includes trade details such as the security type, quantity, price, trade date, counterparties involved, and any specific settlement terms.
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