Changes to the LCH Limited (“LCH”) Rulebook – Rulebook Committee of 11 May 2017

Report date
Summary

Circular No.

LCH Circular No 3859

Date:

16th May 2017

To:

All LCH Ltd members

Body

Following the Rule Change Committee of 11 May 2017, LCH Limited is making the following proposed rulebook changes available on its secure website.*

The proposed changes are summarised below.

Four Weeks Consultation

The following rulebook change is being made available for a consultation period of four weeks:

Title

Services Impacted

Direct Access Membership

SwapClear

Approved SDRs – CFTC Reporting                     

SwapClear

Two Weeks’ Consultation

The following rulebook changes are being made available for a consultation period of two weeks:

Title       

Services Impacted

SCM Bunched Orders                            

SwapClear

Compression Services Ancillary Payments
and Fee

SwapClear

Notification

The following rulebook changes are being made available for notification:

Title       

Services Impacted

Japanese STM Restrictions                                  

All

NLX Exchange Closure

Listed Rates

 

Clearing Members that wish to comment on the consultation drafts should email rulebook@lch.com.

If you have any general questions on rulebook changes, please contact your usual LCH contact.

Please note that all rulebook revisions may remain subject to regulatory approval.

Accessing the Secure Area:

*The proposed changes to the rulebook can be found on the secure area within the folder ‘Rulebook'.

Members with an existing secure area account:

Log-in here

Request access to the ‘Rulebook' area here

In the "Organisation" section please provide the full legal entity name of your firm.

Log-in details will follow via e-mail.

 

Members without a secure area account:

Request access to the ‘Rulebook' here

In the "Organisation" section please provide the full legal entity name of your firm.

Log-in details will follow via e-mail.