LCH Limited adds Australian Dollar cash as eligible collateral to cover Initial Margin
Report date
Summary
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Circular No. |
LCH Circular No 3919 |
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Date: |
12 December 2017 |
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To: |
All LCH Ltd Members |
Body
LCH is pleased to announce that Australian Dollar cash is now eligible as collateral for clearing members to cover Initial Margin requirements. Please note that LCH can already accept Australian government debt securities as eligible non-cash collateral.
Please refer to the link below for the full range of LCH Ltd eligible collateral
https://www.lch.com/risk-collateral-management/ltd-collateral-management/ltd-acceptable-collateral
For further information on the process for depositing Australian Dollar cash as collateral please contact your local Sales and Relationship manager.
Kind regards,
Membership Sales and Relationship Management