Changes to CommodityClear Freight contracts

Report date

Wed, 27/09/2017

Summary

Circular No.	LCH Circular No 3892
Service Circular No.	EnClear Circular No 460
Date:	27th September 2017
To:	All EnClear/Commodity members

Body

Members are advised that, with effect from 28 September 2017, LCH will reduce the time series (number of years) it clears for certain freight contracts, as follows:

CPT, PTC, SPT will be listed out to 2023 (6 whole years rather than 7)

C3E, C4E, C7E will be listed out to 2019 (2 whole years rather than up to 5 years)

P1A, P2A, P3A, P1E, P2E, P3E will be listed out to 2019 (2 whole years rather than 3)

There is no open interest in any of the delisted contracts.

All other contracts will remain unchanged.

If you have any questions please do not hesitate to contact Isabella Kurek-Smith at Isabella.kurek-smith@lch.com or commodity operations at commodity.ops.uk@lch.com