EquityClear - UK settlements in Euroclear UK and Ireland

Report date

Circular No.

LCH Circular No 3697

Service Circular No.

EquityClear Circular 44


2nd February 2016


All LCH.Clearnet Ltd Members


Dear Member

We would like to inform you of a change to the way we invoice members for their settlements in Euroclear UK and Ireland.

Currently LCH.Clearnet Ltd provides within the EquityClear monthly invoice two settlement related items for billing purposes.

EUI Central Creation Fee
EUI Settlement Fee

From 1st March 2016, in line with other EquityClear settlement locations, the settlement related invoice will contain a single item for billing purposes.

Settlement Fee – UK settlements

This change will not affect the cost of settlement in Euroclear UK and Ireland, the cost will remain at 70p per settlement.

Please see all EquityClear related costs
EquityClear Fees

If you require additional information relating to the EquityClear service please contact:

Ian Mackenzie Tel: +44 (0) 20 7426 7265,
Email: ian.mackenzie@lchclearnet.com or
Tim Beckwith Tel: +44 (0) 207 426 7276,
Email: tim.beckwith@lchclearnet.com

Yours Sincerely

Vikesh Patel, COO, Equities LCH.Clearnet.