ForexClear Clearing Member and Client Fee Tariffs

Report date
Summary

Circular No.

LCH Circular No 4001

Date:

31st December 2018

To:

All ForexClear Members

Body

Dear ForexClear Clearing Member,
 

LCH Limited (“LCH”) is delaying the effective date of the fee changes set forth in Circular No. 4000, dated 20 December 2018 (the “December Circular”). This is due to the U.S. federal government partial shutdown, its impact on the CFTC and the timeframe outlined in CFTC Rule 40.6(a) for self-certification of rules.  The December Circular notified ForexClear Clearing Members of forthcoming amendments to its fees tariffs.

LCH shall provide an updated effective date of the fee changes detailed in the December Circular in due course.

Kind regards,

LCH Relationship Management

Terms used in this circular have the meanings ascribed to such in the Rulebook (available at www.lch.com). For the avoidance of doubt, the term “ForexClear Clearing Member” includes an “FCM Clearing Member”.