The below information is provided to enable customers to set up NatWest Markets N.V. as a new counterparty. We’ll confirm to customers via email the date that trade will commence from NatWest Markets N.V. In the meantime, all trades should continue to be settled and confirmed with NatWest Markets Plc.
Note on existing transactions transferring to NatWest Markets N.V.
Some customers have existing transactions in scope to transfer to NatWest Markets N.V. via the Banking Business Transfer scheme (FSMA) or via a contractually agreed novation. This is subject to final confirmation and we’ll let you know with 10 working days’ notice before any transfer goes ahead, and also provide additional operational information and instructions to support this.
Where we have an agreement to direct debit your account, we are contacting your bank to ensure this process continues for NatWest Markets N.V. You may receive a communication from your agent bank relating to this.
Additional information to support mapping to NatWest Markets N.V. if you will use an electronic platform to confirm your FXMM trades with us:
- FXALL: Long Name = NatWest Markets N.V. Short Name = NWM NV@rbs
- GTSS: map to the new BIC (RBOSNL2RTCM)
- MISYS: map to the new BIC (RBOSNL2RTCM)
- Bloomberg: map to the new BIC at deal code level and then submit via SSPV to the new BIC
Nostro account information for NatWest Markets N.V. has been uploaded into the above platforms.
- CLS: CLS will contact customers directly regarding a new Additional Settlement Location for NatWest Markets N.V. and provide instructions for re-matching trades where applicable (subject to confirmation of any transfer of existing transactions)
- Depository Trust & Clearing Cooperation (DTCC):
Central Trade Manager (CTM): RBOSNL2RTCM
Model name: NWMNV
Model name: NWMNV
Participant Name: NatWest Markets Plc
Short Code: RBOS
Legal Entity Name: NatWest Markets N.V.
For those customers with existing Natwest Markets Plc trading and clearing permissions via MarkitWire, in February 2019 we will commence providing similar permissions from Natwest Markets N.V. We kindly request your attention in accepting these permissions via the MarkitWire DMS platform workflow.
NatWest Markets NV entity : 0000T6C9
- Tax: The Tax Identifier for NatWest Markets N.V.is US Tax ID 13-5268975 / Foreign Tin 0010-28-133
- TriResolve (TriOptima): NWMNV
Changes to services - Trax and Aladdin confirmations
Please note that we will not be providing Trax or Aladdin confirmations as a service from NatWest Markets N.V. Aladdin fixed income confirmations will be sent via email/fax to the addresses we have on file for you.