LCH Limited (“LCH”) Rule Change Committee of 16 April 2018 - Proposed Changes to the LCH Rulebook

Report date
Summary

Circular No.

LCH Circular No 3945

Date:

17th April 2018

To: All LCH Ltd Members
Body

Following LCH’s Rule Change Committee of 16 April 2018, LCH is proposing the following rulebook changes, which are available on its secure website at https://www.lch.com/secure_area/default.asp under the folder “Rulebook.”

Rulebook Changes - Consultation

The following rulebook changes are being made available for a consultation period of two weeks.

Title

Services Impacted

ForexClear – Variation Margin as Settlement

ForexClear

Clearing members that wish to comment on the proposed rulebook changes should email rulebook@lch.com. If you have any general questions on rulebook changes, please contact your usual LCH contact. Please note that all rulebook changes remain subject to regulatory approval and internal LCH risk approval.