NYSE BondMatch^TM

LCH.Clearnet SA provides clearing services to the NYSE BondMatch^TM MTF.

By clearing through LCH.Clearnet, NYSE BondMatch clearing members benefit from multilateral netting, counterparty risk management, straight through processing and counterparty anonymity.

NYSE BondMatch^TM allows qualified Debt markets participants to trade euro-denominated corporate, financial and covered Bonds on a transparent order book with firm orders. This new MTF is being built to meet the "Expression of Needs" that has been designed by representatives of euro-denominated Bond market participants and released by the Cassiopeia committee. The objective of NYSE BondMatch is to provide liquidity and transparency through an order book with firm orders, pre and post-trade reporting and clearing and settlement solutions.

Further information about the products and services offered by NYSE BondMatch can be found on NYSE BondMatch web site.