LCH Limited (“LCH”) Rule Change Committee of 18 November 2022 - Proposed Changes to the LCH Rulebook

Report date
Circular number: 4238
Date: 21 November 2022
To: All SwapClear clearing members

    Following LCH’s Rule Change Committee meeting on 18 November 2022, LCH is proposing the following rulebook changes, which are available in two separate places:

    1. The LCH secure website at under the folder “Rulebook”; and
    2. The LCH portal at Please look in the Document Library within the Knowledge Centre section of the portal under the folder “LCH – General Ltd – Member” and then the sub-folder “Rulebook”.


    Rulebook Changes – Notification


    Services Impacted

    Item 147 - Eligibility for SOFR-USD Fed Funds and SOFR-SOFR basis swaps in SwapClear


    Clearing members that wish to comment on the proposed rulebook changes should email 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.