Auction Newsletter No6 for 2015
Lloyd’s Capacity Auctions
Auction Newsletter No 6
Notification to the auction office
The following disclosure notice has been posted on the lloyds.com website since Auction Newsletter No.4 was published on 5 October 2015:
Auction 3 – reminder of dates/times
Auction 3 will be held on Wednesday 14 and Thursday 15 October 2015.
The Auction system will be open for bid submission at the following times:
Wednesday (Day 1) from 9am until 1pm
Thursday (Day 2) from 10am until 2pm
Bid Staging & Submission
The auction office will be opening Auction 3 for Issuers to prepare and stage their bids from 10am on Tuesday 13 October ahead of the live auction being opened at 9am on Wednesday.
If you have any problems accessing the system, please contact the auction office as below.
The details given are of proposed pre-emptions and de-emptions, all of which are subject to approval by Lloyd’s Performance Management Directorate which is expected by 23 October 2015.
Please note: this is for information only. The necessary percentages/data on confirmed changes will be forwarded electronically by Lloyd’s Market Services to the relevant Members’ Agents to update their systems accordingly.