A member of
Eurex Clearing
1. Introduction
Effective 14 December 2020, WisdomTree Multi Asset Issuer Plc will convert their Exchange Traded Commodities (ETCs) and Exchange Traded Notes (ETNs) traded on Xetra (MIC: XETR) and Börse Frankfurt (MIC: XFRA) to the International Central Securities Depository (ICSD) model.
2. Required action
There is no action required from the Participants.
3. Details
The migration consists of 27 ETCs and ETNs, as listed in the attachment to this circular. Following successful conversion, shares of these ETCs and ETNs will be held in non-collective safe custody (NCSC).
The converting ETCs and ETNs will remain CCP-eligible. Settlement of converted ETCs and ETNs will take place on a Clearstream Banking Frankfurt International (“CBF-I”) 6-series account with settlement location “CBL”. The settlement account of Eurex Clearing will be “67525”.
Please refer to Xetra circular 081/20 for further information related to adjusted settlement structure for the ETCs and ETNs listed in the attachment.
Unless the context requires otherwise, terms used and not otherwise defined in this circular shall have the meaning ascribed to them in the Clearing Conditions or FCM Clearing Conditions of Eurex Clearing AG, as applicable.
Attachment:
Further information
Recipients: | All Clearing Members, Basic Clearing Members, Disclosed Direct Clients of Eurex Clearing AG and vendors | |
Target groups: | Front Office/Trading, Middle + Backoffice | |
Contact: | Clearing Operations, tel. +49-69-211-1 12 50, clearing@eurexclearing.com | |
Related circular: | Xetra circular 081/20 | |
Web: | www.eurex.com/ec-en/ | |
Authorised by: | Jens Janka |