Automated Trading Systems (ATSs) Access for Liquidity Management Purposes During a Default: Member Consultation
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Circular No. |
LCH Circular No 3619 |
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Service Circular No |
RepoClear Circular No 218 |
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Date: |
2 June 2015 |
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To: |
All RepoClear Members |
LCH.Clearnet proposes to introduce the ability to access ATSs during the default of a RepoClear member only, subject to regulatory approval.
LCH Clearnet wishes to access ATSs in order to further augment the range of liquidity provision arrangements available at the time of default.
The proposed LCH.Clearnet Ltd rule book changes in relation this are now available. To access a copy of the latest draft Rulebook please click here*.
A period of member Consultation is now open and RepoClear Members are invited to submit their comments to rulebook@lchclearnet.com.
The period for Rulebook Consultation is 30 days and will end on 2 July 2015.
*The latest LCH.Clearnet Ltd draft rulebook can be found on the secure area within the folder ‘Rulebook changes’.
Members with an existing secure area account:
Members without a secure area account:
- Register for the ‘Rulebook area’ secure section here
- In the "Organisation" section please provide the full legal entity name of your firm
- Log-in details will follow via e-mail
For further information please contact:
Nigel de Jong, Group Head of Fixed Income Client Management, Marketing & Sales
Tel: + 44 (0) 20 7426 7273, Email: nigel.dejong@lchclearnet.com
Nick Maggs
Tel. + 44 (0) 20 7426 7442 Email: nick.maggs@lchclearnet.com
Manisha Mistry
Tel: +44 20 7426 7199, E-mail: manisha.mistry@lchclearnet.com