|Equities||Corporate bonds||Government bonds||Derivatives|
|Main trading venue||ATHEX||ATHEX||HDAT||Athens Derivatives Exchange|
|Main clearing venue||Athens Exchange Clear||Athens Exchange Clear||n/a||Athens Exchange Clear|
|Settlement and custody||ATHEX||ATHEX||Bank of Greece||n/a|
|Cash leg||Central bank (TARGET2)||Central bank (TARGET2)||Central bank (TARGET2)||n/a|
T2S tolerance limits apply to government bonds:
There is no tolerance for equities.
Penalties range from EUR 300 to EUR 6,300 (or 2% of the trade value for debts above EUR 450,001).
Strict buy-in practice on T+2: if the trade is not covered at standard settlement date, there is a second buy-in window on T+3 between 10.15-10.30am (spot2 process).
BNP Paribas customers benefit from free access to more detailed market information on our NeoLink webportal. Click here to access the Market Profiles or contact your relationship manager.
We are one the few global financial institutions which have remained committed to the Greek market, thanks to a unique operational model combining a full custody service range and a strong risk framework.
We offer local clearing and custody to domestic and foreign institutions. Our core services include settlement, on-exchange clearing, safekeeping, corporate actions, proxy services, cash and collateral management.
Global Investor Investment Excellence Awards (2018): Sub-Custody Survey Winner Multi-market EMEA for Greece
BNP Paribas Securities Services has been present in the market since 1997 and continued servicing Greece even during the capital controls crisis. We enjoy excellent relations with Greek market authorities, being a member of the most important industry bodies. We have a track record in supporting the position of our clients on major market changes and events.
For more information, please contact your relationship manager or
Kelly Kakanaki, Head of Location