French MMI Alert

Tired of keeping up with the daily Money Market issuances?

With a value of more than €300 billion, the French Money Market Instruments (MMI) is the largest commercial paper market in the euro area. Keeping up with all the MMI that are being created and redeemed daily can be a daunting task.

French MMI alert - what is it?

As the primary Central Securities Depository and national numbering agency, Euroclear France covers the entire lifecycle of the issuance, from ISIN allocation to same-day primary settlement for all French commercial papers.

The French MMI Alert sources data from Euroclear France and offers you real-time and accurate notifications of all the new French short- and medium-term notes coming to market.

Key advantages

Speed

Real-time alerts throughout the day, just minutes after Euroclear France allocates the ISIN.

Data quality

Euroclear France acts as your golden source by collecting data from the MMI issuers and dealers. No more need to cross-check data against multiple sources.

Full coverage

You will be alerted of all public French MMI issued by any issuer regardless of the dealer involved.

Automation of asset set-up

You can automate a direct feed of the new French MMI into your own securities master database.

Do you have the right set of data?

Here are a few questions to consider:

  • How quickly can I trade if I get a request to trade in a new security?
  • What's happening in the market?
  • Do I have information on all securities of interest?
  • What is the process of a new security set up in my organisation? 
  • Can my system quickly set up a new security?

How it works

The French MMI Alert covers both:

  • French short-term commercial papers (NEU CP – Negotiable EUropean Commercial Paper).
  • French medium-term notes (NEU MTN – Negotiable EUropean Medium Term Note).

The feed contains up to 42 securities reference data points, allowing you to identify the new MMI with its relevant characteristic including the issuer, issued amount, maturity date and many more.

Timing and frequency

Real-time from 07:00 to 19:00 CET on every business day, as soon as the security is created in Euroclear France.

Delivery and format

The French MMI Alert is provided as an XML file available in push mode via Secure File Transfer Protocol (SFTP).


For more information

Contact your Relationship Manager

Email us at eis@euroclear.com

Who are we

Euroclear is a leading market infrastructure.

As the preeminent post-trade provider for the international securities business, we provide highly reliable reference data, timely and accurate corporate actions information and meaningful data intelligence on market liquidity. The same data is used in our core Custody and Settlement business.

Our broad view of the market enables our customers to make informed and proprietary decisions based on high-grade, detailed and timely post-trade information, drawing on a large pool of data to achieve outcomes that no one firm could achieve alone.

The Euroclear group is made up of Euroclear Bank, Euroclear Belgium, Euroclear France, Euroclear Nederland, Euroclear Finland, Euroclear Sweden and Euroclear UK & Ireland.