LCH Limited (“LCH”) Rule Change Committee of 5 September 2018 - Proposed Changes to the LCH Rulebook

Report date
Summary

Circular No.

LCH Circular 3974

Date:

12 September 2018

To:

All LCH Members

Body

Following LCH’s Rule Change Committee of 5 September 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

These rulebook changes are being made available for a consultation period of two (2) weeks.

Title

Services Impacted

EquityClear - Settlement Failure Netting

EquityClear

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.