LCH Limited Rule Change Committee of 3 September 2019 - Proposed Changes to the LCH Limited Rulebook

Report date
Summary

Circular No.    LCH Circular No: 4045
Date:    6 September 2019
To:    SwapClear Clearing Members and ForexClear Clearing Members

Body

Following LCH Limited's ("LCH") Rule Change Committee of 03 September 2019, 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 – Four weeks’ member consultation

Title Services Impacted
ForexClear Transfers* ForexClear

Rulebook Changes – Two weeks’ member consultation

Title Services Impacted
Compression Eligible Products SwapClear; ForexClear

 

Rulebook Changes – Member notification

Title Services Impacted
SwapClear Transfers SwapClear
ForexClear Settlement Position Limits ForexClear
EuroSTR Eligible Products SwapClear
SwapClear Eligible Products and Tenor Extensions SwapClear

*  Please note, the proposed ForexClear Transfer rule changes will conform the relevant provisions to the analogous SwapClear transfer provisions.