EnClear - Liquidity Concentration Risk Margin Automation Solution - New Go-Live Date
|Company Circular No:||LCH.Clearnet Ltd Circular No 3508|
|Date:||13 August 2014|
|To:||All EnClear, LSEDM, Nodal and NLX clearing members|
EnClear - Liquidity Concentration Risk Margin Automation solution - new go-live date
Clearing members are advised that the implementation of the EnClear LCRM automated solution, as detailed in LCH.Clearnet Ltd (LCH.Clearnet) Circular 3503 (http://www.lchclearnet.com/news-events/members-updates/general-information/enclear_lcrm_circular) is now scheduled to go live on 3rd September 2014 with member testing taking place from 27th August-29th August 2014.
LCH.Clearnet will still make the change to buffer liabilities as scheduled EOD on the 18th August 2014.
For further information, please contact Isabella Kurek-Smith or David Barnes.
Tel: +44 (0) 207 426 7460
Tel: +44 (0) 203 197 4572