LCH Limited (“LCH”) Rule Change Committee of 31 October 2017 - Proposed Changes to the LCH Rulebook

Report date

Circular No.

LCH Circular No 3910

Service Circular No.

EquityClear Circular No 74


1st December 2017


All LCH Ltd EquityClear members


Following the Rule Change Committee of 31 October 2017, LCH is making the following proposed rulebook changes available on its secure website  under the folder “Rulebook”.

Rulebook Changes - Consultation Period

The following rulebook changes are being made available for a consultation period of 4 weeks.



Services Impacted

Contracts for Difference

In advance of LCH commencing the clearing of term Contracts for Difference some small amendments to the provisions on position management and corporate actions are proposed to Section 2D of the Procedures.


The attached rule changes :

  • Section 1.9 of Section 3D of the Procedures; and

  • Section 1.14 of Section 2D of the Procedures.




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.