EnClear - Contract Suspension

Report date
Summary

Circular No.

LCH Circular No 3549

Service Circular No.

EnClear Circular No 414

Date:

21 November 2014

Re:

EnClear - Contract Suspension

Body

Ahead of EnClear Futurisation and with effect from 18:30 on 26th November 2014, LCH.Clearnet Ltd. ("LCH.Clearnet") will suspend clearing of the following EnClear contracts, which currently have no open interest. LCH.Clearnet, will subsequently delist the below Tanker (Wet Freight) and Steel contracts prior to the 31st January 2015.

Tanker (Wet Freight)

 

 

 

DC2

Baltic TC2 (37,000 mt Continent – USAC)

 

DC6

Baltic TC6 (30,000 mt Algeria/Euromed)

 

D14

Baltic TC14 (38,000 mt. U.S.Gulf - Continent)

 

DD3

Baltic TD3 (260,000 mt ME Gulf – Japan)

 

DD5

Baltic TD5 (130,000 mt W Africa – USAC)

 

DD7

Baltic TD7 (80,000 mt North Sea – Cont)

 

D19

Baltic TD19 (80,000 mt Cross Med)

 

Steel

 

 

 

SBC

China Domestic Hot Rolled Ribbed Bar

 

SCC

China Hot Rolled Coil

 

Emissions

 

 

 

CER

CER  Forward

 

 

CEO

CER Option

 

 

EUA

EUA Forward

 

 

EUO

EUA Option

 

 

Fertilizer

 

 

 

ONO

UREA - New Orleans Option

 

 

Any open positions will need to be closed out prior to 18.30 on 26th November 2014. LCH.Clearnet will close out positions which remain open after this time.

Please contact Isabella.kurek-smith@lchclearnet.com or david.barnes@lchclearnet.com if you have any questions.