Fixed Income Updated Tariff Structure
|
Circular No. |
LCH Circular No 3572 |
|
Service Circular No |
RepoClear Circular No 213 |
|
Date: |
17 December 2014 |
| To: |
All RepoClear Clearing Members |
Dear Fixed Income Member,
Please be advised the below updated tariff will be applied with effect from 1st January 2015 to the RepoClear fee structure.
Minimum Activity Charge (MAC)
The minimum monthly charge per clearing member is increased to €7,500 per month from €5,000 per month. This charge is applied across all LCH.Clearnet Ltd and LCH.Clearnet SA Group activity in Bonds and Repo clearing, where the total Registration (Ltd) / Clearing (SA) fees chargeable to a member, are less than this minimum amount.
RepoClear® €GC Clearing Fee
The fee waiver introduced for €GC trades on 1 October 2008 will be removed and the standard tariff structure will apply.
For further information please contact:
Nigel de Jong, Group Head of Fixed Income Client Management, Marketing & Sales
Tel: + 44 (0) 20 7426 7273, Email: nigel.dejong@lchclearnet.com
Nick Maggs
Tel. + 44 (0) 20 7426 7442 Email: nick.maggs@lchclearnet.com
Ms. Manisha Mistry
Tel: +44 20 7426 7199, E-mail: manisha.mistry@lchclearnet.com