Updated Margin Rates
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Circular No. |
LCH Circular No 4003 |
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Date: |
22nd January 2019 |
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To: |
All LCH Ltd LSEDM & EquityClear Members |
London Stock Exchange Derivatives Market Margin Rate Changes
1. LCH has, after consultation with the London Stock Exchange Derivatives Market, revised the London SPAN parameters.
2. Changes have been made to London Stock Exchange Derivatives contracts.
3. The changes will be going live on Monday 28th January, and will be reflected in margin calls on Tuesday 29th January.
4. This circular supersedes circular number LCH Ltd. 3939; London Stock Exchange Derivatives Market dated 27th March, 2018
5. Details of the current SPAN Parameters, for all London Stock Exchange Derivatives contracts, can be found on the LCH website (www.lch.com) under Risk Management > Ltd > Margin rate circulars.
6. For further Information please contact the following:
ETD Risk +44 (0)20 7426 7918
Nicholas Lincoln
Director, Market Risk