LCH Limited (“LCH”) Rule Change Committee of 16 May 2018 - Proposed Changes to the LCH Rulebook
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Circular No. |
LCH Circular No 3951 |
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Date: |
16th May 2018 |
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To: |
All LCH Ltd Members |
Following LCH’s Rule Change Committee of 16 May 2018, LCH is proposing the following rulebook changes, which are available on its secure website at https://secure-area.lchclearnet.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 four (4) weeks.
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Title |
Services Impacted |
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Accelerated Early Termination and Default Fund Contribution Interest Payments |
All Services |
The following rulebook changes are being made available for a consultation period of two (2) weeks.
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Title |
Services Impacted |
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FX Options – Settlement Exposure Limit Cap |
ForexClear |
Rulebook Changes – Notification
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Title |
Services Impacted |
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Automation of End-of-day Funding –Return and Reapplication of Unallocated Excess and FCM Buffer |
All Services |
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SOFR Swaps |
SwapClear |
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Standing Order Amount – House Accounts |
SwapClear |
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Transfers – Intraday with Collateral |
SwapClear |
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.