Intraday Margin Call Email Changes
Report date
Summary
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Circular No. |
LCH Circular No 4140 |
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Date: |
23rd February 2021 |
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To: |
All LCH Clearing Members |
Body
From Monday 1st March 2021, ITD Margin Call Notices sent by LCH will no longer refer to “London PPS” or “New York PPS” in the email subject. They will instead use the Legal Entity name of the specific PPS Bank where funds will be called from.
For example, for a margin call instructed to a PPS account at ABC Bank London, the subject header of the email would read “LCH Call ABC BANK LONDON Account”
If you have any queries about this change, please contact:
collateral.clientservices@lch.com